Democrat Andrew Yang wants to be president - and give you $1,000 a month

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Democrat Andrew Yang wants to be president - and give you $1,000 a month
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Since then, he has rolled out more than 100 policy ideas, a technocratic approach rivaled in sheer wonkiness perhaps only by that of U.S. Senator Elizabeth Warren of Massachusetts among the Democratic candidates seeking the 2020 nomination. 'I liked that he was a very policies-first kind of guy

1 / 5A woman holds a sign for Democratic 2020 U.S presidential candidate Andrew Yang at a rally in the Manhattan borough of New YorkA woman holds a sign for Democratic 2020 U.S presidential candidate Andrew Yang at a rally in the Manhattan borough of New York, May 14, 2019. REUTERS/Gabriela BhaskarBy Joseph Ax

The 44-year-old entrepreneur, philanthropist and self-described nerd launched his long-shot bid more than a year ago, centered on a proposal to give every American $1,000 a month in cash. A native of upstate New York and the son of Taiwanese immigrants, Yang would be the first Asian-American president.

Under his"Freedom Dividend" plan, every adult American would receive $1,000 a month regardless of income or work status, a cash infusion he says is the best way to combat the destruction of manufacturing and other jobs due to automation. The proposal would be funded by a European-style value-added tax that Yang says would ensure technology companies pay their fair share.

Yang's platform includes a dizzying mix of standard Democratic fare like Medicare-for-all; voting reform proposals like eliminating gerrymandering or making the Electoral College proportional; and seemingly quirky concepts such as subsidizing marriage counseling, giving everyone $100 to donate to charity and establishing a $1 billion journalism fund to support struggling local news outlets.

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