A Conversation with Scott Santens. We Discuss: Universal Basic Income Policies, Andrew Yang & Trump.

Had a great, one on one, talk with Scott Santens this afternoon.

We thoroughly discussed UBI, VAT and other economic policies.

Includes discussion about Andrew Yang, Donald Trump and the #YangGang.

www.scottsantens.com
www.MikeForKY.com

Follow me on Twitter @T4YPodcast

From Yang2020.com

Job displacement, due to automation, is a threat for which we must prepare.

Endorsed by leading economists, futurists and the greatest thinkers of our time... Andrew Yang has properly identified the problems, and has the correct policies to solve them.

Andrew M. Yang is an American entrepreneur, philanthropist, lawyer, and 2020 Democratic presidential candidate. He is the founder of Venture for America, a nonprofit organization that focuses on creating jobs in struggling American cities.

Introduction to Andrew Yang...

I’m Andrew Yang, and I’m running for President as a Democrat in 2020 because I fear for the future of our country.

Eight years ago, I had just sold my education company and married my wife, Evelyn. The country was struggling through the aftermath of the financial crisis, so I made it my mission to bring jobs back to the communities that were hit hardest. I saw firsthand how many of our children didn’t see economic opportunity at home and were moving away to the same cities. That’s why I founded Venture for America (VFA), an organization dedicated to rejuvenating local economies. By helping entrepreneurs create jobs in cities like Baltimore, Detroit, Pittsburgh, and Cleveland, we could create strong economies throughout the country and give children a reason to stay.

In its first year, VFA trained 40 Fellows; by 2017, more than 500 VFA Fellows and alumni had launched dozens of companies and helped create thousands of jobs across the country. The Obama White House even named me a Champion of Change in 2012 and a Presidential Ambassador for Global Entrepreneurship in 2015.

Despite the success I saw with VFA, as I worked in these cities, I came to a terrible realization: automation is destroying jobs, and entire regions are being left behind. For years, I believed new business formation was the answer—if we could train a new generation of entrepreneurs and create the right jobs in the right places, we could stop the downward spiral of growing income inequality, poverty, unemployment, and hopelessness.

I’m proud of the work I did at VFA. But during my time there, it became clear to me that job creation will not outpace the massive impending job loss due to automation. I was pouring water into a bathtub with a giant hole ripped in the bottom.

So I went to Washington, and I visited Congressional leaders. I presented them with the hard facts. 78% of Americans are living paycheck to paycheck, 40% cannot afford an unexpected $400 bill, and so many live one medical emergency away from bankruptcy. A wave of automation is coming that will displace even more American jobs. I asked, “What will our government do?” I was met with two ineffective answers: we need to study it further, and we must invest in job retraining programs. The truth is that we’ve already studied it extensively and know that up to 30% of jobs are at risk of automation, and government-run retraining programs have a success rate of between 0 and 15%. Washington was not going to help.

Видео A Conversation with Scott Santens. We Discuss: Universal Basic Income Policies, Andrew Yang & Trump. канала T4YPodcast