Feb 8, 2020 - Politics & Policy

Yang: We need to "disentangle economic value and human value"

Photo: Joe Raedle/Getty Images

Entrepreneur Andrew Yang during Friday night's Democratic debate shared his take on why many of America's children are still living below the poverty level.

What Yang is saying: "The mission in this campaign has to be for us to disentangle economic value and human value, say they are not the same things. And make the case to each of our fellow Americans we have intrinsic value as citizens, human beings and shareholders of the richest country in the world."

"If we want to eliminate child poverty we need to put money in the hands of families, particularly single parents. 40% of children are born to single moms. 90% of single parents are moms." 
"Right now we have fallen into this trap where we've allowed the market to tell us what we are all worth. What is the market value of my wife, Lynn, or stay-at-home parents around the country? Zero. Taking care of parents? Zero."

Go deeper...Podcast: Andrew Yang talks universal basic income

Go deeper

Andrew Yang to launch nonprofit focused on ideas at the heart of his 2020 campaign

Photo: Mark Makela/Getty Images

Andrew Yang announced Thursday that he will launch a nonprofit called Humanity Forward to continue promoting the ideas at the heart of his 2020 presidential campaign.

The state of play: The organization plans to use conferences and podcasts to continue growing support for universal basic income, improved data privacy and "human-centered" capitalism.

Andrew Yang drops out of 2020 presidential race

Photo: Alex Wong/Getty Images

Former tech entrepreneur Andrew Yang announced on Tuesday night that he has dropped out of the 2020 presidential race.

The big picture: Yang, who's never held public office, centered his campaign on universal basic income, wherein he proposed giving all Americans over 18 years of age $1,000 every month.

Andrew Yang calls on flagging 2020 hopefuls to follow him and bow out

Andrew Yang in Manchester, New Hampshire, Feb. 8. Photo: Scott Olson/Getty Images

Andrew Yang referenced his departure from the 2020 race on CNN Saturday when he suggested the candidates should narrow the Democratic field, saying, "Someone needs to pull an Andrew Yang and be like, 'I've done the math, I'm not going to win.'"

Details: Yang said after Sen. Bernie Sanders was projected to win the Nevada caucus, "The rest of the field needs to consolidate, ideally." He noted, "each candidate wants to be the last person standing to absorb the non-Bernie energy." But he added Sanders is "unlikely to get an outright majority of delegates heading into the convention, which is going to set the stage for the superdelegates to emerge, and then you're looking at a contested convention."

Go deeper: 2020 presidential election: Track the candidates