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TVU 10 ANDREW YANG NASHUA NH TOWN HALL ABC UNI 123019 2020 GAGGLE LOGGED IN PART FROM NNS O2 COVERAGE 1505032 Q>> You signed a letter for Booker this month saying we should revert to earlier qualification standards. Are you contradicting yourself not by saying polls should be consistently raised? YANG>> I was for lowering polling standards to help make the debate stage more diverse. DNC very clearly said, hey, we're gonna elevate the standards and so, our response now in this situation was: if you're going to elevate the standards, you need to have polls. Like, how can you raise the standards and the not have a poll for 47 days? 150614 So, that's where we are right now, I would be thrilled if they decided to go back on the announce standard but I thought that was unlikely after they announced it. We're trying to influence what they were going to announce, before the fact if you remember. Q: I guess even now you would be diversifying the debate stage still all white at this moment if you agree to previous debate standards (?) 150636 YANG: so I would be thrilled if they ran polls, I would be thrilled if they reverted to earlier standards. Q: (?) 150647 YANG: we're just being nice by saying standards. [laughs] Q: Is there anything the DNC can do aside from spending their own resources (?) polls. 150719 YANG: nothing is preventing the DNC from reaching out to any of the poll organizations and saying hey, when is your next poll going to be in each of these states? And if they heard back that it was not going to be in time for the Jan 10th deadline they should say why don't you start it as soon as possible? And if there's any cost involved, we can help with that cost. 150741 The DNC saying we can do nothing about it seems disingenuous because they can clearly reach out to any of the approved poling organizations that asked for a poll to be conducted in any given timeline. Q: CA personal data is breached the are allowed to sue the company. What are your thoughts? 150805 YANG: I think that sort of policy is overdue but I would go a step further: it's not just that we can sue if our data is breached, we should be privy to our data even when it's not being breached. We should own our data as our property and if we're deciding to loan it to technology companies - -150821 And if it's getting sold, and resold, or if the tech companies are profiting from it, we should know about that and we should be able to share in the value. SO I love the law, I just don't think it goes far enough to make our data our own property. Q>> Healthcare -- M4A is the name of Sander's bill, your website still lists M4A as a platform of the campaign. Is it confusing to use that term when it is not what the actual bill or policies that Warren and Sanders' are? 150913 YANG>> To me, MEdicare for All means universal healthcare for all Americans, and that's where we should be driving as quickly as possible. We need to get healthcare access up and the costs down to a level where Americans can get the healthcare that they want and deserve. Healthcare should be a human right here in this country, instead of a means for companies to make money off of us. 150940 Q>> But your version and Sanders' mean very different things. Would you consider rebranding your plan? YANG>> Again, I think Medicare for All means universal healthcare to me and other Americans. 151000 And I think that if anyone spends anytime with us, they can see our vision for the healthcare system. Q: we have come to believe that Sanders bill is the definition of Medicare for all, does it feel like you're sort of taking the definition and sort of redefining it? 151025 YANG: I guarantee that virtually no Americans have actually read the proposal anda so if you were to say the proposed bill that Senator Sanders put forward, so if you say Medicare for all to most americans, I don't think that they are thinking about Senator Sander's bill because they haven't gotten into the weeds in reviewing that bill. TVU 10 ANDREW YANG NASHUA NH TOWN HALL ABC UNI 123019 2020 151031 YANG>> .. What I think and what I believe most Americans think when they hear Medicare for All is we should all have healthcare. ## TOWN HALL HIGHLIGHTS 16 Year Old 145702 Q: Mr. Yang, I was at your Hanover Town Hall event about a month ago and, just a quick disclaimer, this could be a little bit long, but I'll get this as short as possible because this is the best way I can get my message out to people, but -- and I think this would encapsulate, kind of, what we're all thinking. So, Mr. Yang, there has not been a poll in an early state released in 47 days. Tom Perez, the Chairman of the DNC, just rejected your request for the DNC to conduct and release more early state polls, essentially cutting off a vital pathway to the January debate. 145736 On Perez's twitter biography, he writes and I quote, "Likes the Buffalo Bills, the Democrats, and fighting for the little guy. Though, not in that order." Well, apparently, he doesn't like fighting for the little guy who has over 400,000 donors including some [inaudible] right in New Hampshire which -- would you look at that -- is an early state. So, to the people in the room, we have a chance to outraise Elizabeth Warren in the 4th quarter [audience member howls] 145803 And I'm gonna look towards kinda the biggest camera in the room but, if there is someone from the DNC watching -- oh, shoot, where am I? [laughter] -- if there's someone from the DNC watching, look at the crowd. We've crammed over 100 people into a room built for 30. There are people watching from out the door. Poll the people, is my point. I cannot even vote in the 2020 general election, but I am the most passionate about this than I have -- than anything I have been in a long time. 145837 YANG>> Give me a high five, man. [laughter / applause] [they hug] Q: So, Tom Perez, fight for the little guy. Fight for all the little guys in this room. Fight for the american people. Poll the people. [audience members shout "poll the people"] It seems like we're not gonna get much help in this process. So, to the people over 18 years old, keep phone banking, keep canvassing, keep Yanging people, keep making America think harder. 145907 Because we all know it's not left, it's not right, it's forward. And I'm apart of the Yang gang because I'm scared of the future in America. And in my age group, I am not alone. So, Mr. Yang, do you have any thoughts on the issue [laughter/applause] 145924 YANG>> My thoughts are you're making me feel better about the future, Ellis, just by being so passionate and articulate and spot-on (?). [applause] You know, that's awesome leadership on your part. I believe we're going to get the polls we need in the right time frame and I'll be on that debate stage in January. MEDICARE FOR ALL 145250 Q>> This phrase "Medicare for All" has become almost a branded phrase at this point. To what extent are you anchored specifically and explicitly to Medicare for All as it's written as a phrase? And what extent would universal healthcare be a more useful phrase? 145324 YANG>> I like where your head's at, Kurt. To me, Medicare for all is universal healthcare for all Americans. It's not the name of a bill, it's a name for trying to get every American healthcare independent of their work status or whether or not they can like afford certain levels of premiums. Now, I'm not someone who thinks you can uproot private insurance plans quickly, because you're talking about millions of Americans on these plans. In some cases, they actually negotiated away higher salaries for the plans, so somehow legislating those out of existence very quickly, seems to me to be unduly impractical slash disruptive. 145402 So the plan to me should be for the government to provide a public coverage option that then outcompetes the private insurers and squeezes them out over time. Now, to your point, Kurt, it is true Medicare for All means certain things to certain people,and you're probably right that universal healthcare would be a better way to frame it. ## TRINT TVU 10 ANDREW YANG NASHUA NH TOWN HALL ABC UNI 12.Sub.01.wav [14:15:34] There's one like, oh, yes. Voice amplification, it's great to be back here in New Hampshire. Tracey, you missed the most important thing. I graduated from Phillips Exeter Academy in 1992. [14:15:49] That's a pretty tepid applause. [14:15:52] But here in the U.S., it's OK. I was invited back to speak at a number of months ago. [14:15:59] And when I spoke, I said this my first time back since I graduated because I didn't enjoy myself here. And the student body erupted in applause. [14:16:10] I felt really bad. [14:16:11] That wasn't the reaction I was going for. And as Tracy said, after I graduated from Exeter, I went to Brown and then Columbia. And then I became an unhappy lawyer in New York City for five months. [14:16:23] And somehow she gets a along. [14:16:26] And I left the firm to try and start a business. How many of you? Because it's the Chamber of Commerce. How many of you've started a business or organization or club or list. So if you have your hand up, you know, two things. Number one, it's much harder than anyone lets on in. Number two, when someone asks you how it's going, what do you say? It's going great. Everything's always going great. My business went great until it failed. My parents told people I was still a lawyer because there was a much easier story, but I'd been bitten by the bug. [14:17:00] I worked at another small company and then another, and then I became the head of an education company that grew to become number one in the United States and was bought by a bigger company. Now, 2009 is like it's a decade ago. I can't believe it's already been 10 years. That was a very tough time in much of the country. How many of you were here in New Hampshire ten years ago? And how was that time for you in Nashua in 2009? [14:17:24] College. [14:17:26] You're laughing. Were you the Marilyn? [14:17:31] I just want to come in on all of the elected officials and former elected officials, because here in New Hampshire particular, it's a labor of love. You're certainly not doing it for the money or the glory. And I tell people who run for local office, I believe it's harder than running for president because people know where you live. [14:17:52] So the financial crisis 10 years ago racked many of our communities. And I saw this unfold. And I thought I had some insight as to why the economy had collapsed. It was because so many of the wannabe whiz kids, I'd go into Exeter and running Columbia with it gone to Wall Street and helped create derivatives and mortgage backed securities and these exotic financial instruments. And so I thought, well, that's a disaster and that's a train wreck and that's where our energies are going. [14:18:19] So I imagined what I would want our energies to go towards instead. And the vision I came up with was to head to a city like Detroit or Cleveland or Birmingham or Providence and help grow a company to create jobs. So I started a nonprofit called Venture for America, started calling wealthy friends, asking them this question, Do you love America? The smart among them said, What does it mean if I say, Yes? Andrew? And then I said, at least ten thousand dollars. So raised a couple hundred thousand dollars, which grew to the millions, helped create thousands of jobs in 15 cities around the country. [14:18:56] And as Tracy said, I was honored by the Obama administration multiple times. I got to bring my wife to meet the president. So my in-laws are very excited about me that week. [14:19:06] But unfortunately, during my travels, I started having this sinking feeling where for any job that my organization was helping to create. Many of these communities were losing dozens, even hundreds of jobs. I started to feel like my work was pouring water into a bathtub that had a giant hole ripped in the bottom. But I was still surprised when Donald Trump became our president in 2016. How did you all react when he won? [14:19:32] Tears, devastated disbelief. To me, it was a giant red flag that tens of millions of our fellow Americans decided to take a bet on the narcissist reality TV star as president. And even if you were devastated or cried, we all have family members or friends or neighbors who were very excited about his victory. I started to dig into why I thought he won. If you turned on cable news today, why would you think that Donald Trump's our president? [14:20:04] Facebook, Facebook, racism. Russia cared about gods and perhaps emails, but someone shouted out the economy. [14:20:15] That's closer to the truth. When I dug into the numbers, we've automated away 4 million manufacturing jobs over the past number of years. And where were those jobs? [14:20:27] Ohio, Michigan, Pennsylvania, Wisconsin, Iowa, all the swing states that Donald Trump needed to win and did win. And if you doubt this, if you go through the Motor District data, you see that there's a straight line up between the adoption of industrial automation and in a voting district and the movement towards Trump. This happened in New Hampshire, but it happened earlier. You all lost over 12000 manufacturing jobs in the northern part of the state. And when you go to those towns, you see that many of those towns have never recovered. [14:20:59] That after the factory of the plant closed in, the shopping district closed and the population shrank. When I was in Detroit and Cleveland and St. Louis, as you saw, a lot of the same things were in the midst of the greatest economic transformation in the history of our country. Because what happened to the manufacturing jobs is not stopping there. It's now heading to retail call centers, fast food, truck driving and on and on through the economy. [14:21:25] How many of you have noticed stores closing right where you live here in New Hampshire? And why are those stores closing? Amazon? That's right. One word answer. Amazon soaking up 20 billion dollars in business every single year. How much of the Amazon pay in taxes last year? Zero. That's your math. New Hampshire. Twenty billion out. Zero back. Thirty percent of your stores in malls close. Most common job in the economy is retail clerk, average retail clerks, the 39 year old woman making between nine and ten dollars an hour. So if her store closes, what is her next opportunity going to be? [14:21:57] How many of you have seen a self serve kiosk in a fast food restaurant like a McDonald's? Every location in the country in the next two years, starting at the front of the house, they're going to move to the back of the house. When you call the customer service line of a big company and you get the bot or a software, I'm sure you do the exact same thing I do, which is you pound 0 0 0 as a human human and you get someone on the line. How many of you do that? [14:22:19] Yeah, that's always terrible. [14:22:21] But in two or three short years, the software is going to sound like this. Hello, Andrew. How's it going? What can I do for you? It'll be. Seamless, delightful, you might not even realize it software. What does that going to mean for the two and a half billion Americans who work at call centers right now making fourteen dollars an hour? [14:22:41] How many of, you know, a truck driver here in New Hampshire? [14:22:44] It's the most common job in twenty nine states, though. Three and a half million truckers and my friends in California are working on trucks that can drive themselves. [14:22:51] They say they're 98 percent of the way there. A self-driving truck just took 20 tons of butter from California to Pennsylvania about two weeks ago. Totally autonomous. Why butter? I have no idea. But you can actually look IWM can robot butter truck and then it will pop up. What does this mean for the three and a half million Americans who drive a truck for a living? Or the 7 million Americans who work in truck stops, motels and diners that rely upon the truckers getting out and having a meal every day of despair? [14:23:23] These are the forces that are tearing our country apart. Many Americans feel themselves getting left behind and pushed to the sidelines. Corporate profits are at record highs today, also at record highs. United States of America, stress, financial insecurity. How many other college students? I sense many of you. Student loan debt, record highs, not normal. Even suicides and drug overdoses and unfortunately, New Hampshire is one of the epicenters of the opiate epidemic in the country. But eight Americans are dying of drugs every hour in this country right now. So these are the things that people are experiencing on the ground. And it's only going to accelerate as artificial intelligence leaves the lab and starts hitting the economy in earnest. This is not just a blue collar problem. [14:24:11] Artificial intelligence will be able to do the work of bookkeepers, accountants, radiologists, even attorneys. Right now, software can edit a contract more quickly and error free and certainly inexpensively than the most experienced human lawyer. We're in the midst of this economic transformation and for whatever reason, we're scope scapegoating immigrants within the things that immigrants have next to nothing to do with. [14:24:35] So my first move was still not to run for president because I'm not a crazy person. I went to Washington, D.C. and I sat down with our leaders and I said, what are we going to do to help our people manage this transition? What do you think the folks in D.C. said to me when I said, what are we going to do? [14:24:51] They're going to pitch Trump. We don't know nothing. [14:24:55] The three answers I got most frequently were number one. Andrew, we cannot talk about this. Someone suggested Americans wouldn't understand it anyway. Number two, we should study this further. Number three, we must educate and retrain all Americans for the jobs of the future. Which sounds very responsible. Haven't you heard a politician say something like that at some point? Now we all have. Well, then I said, look, I checked the studies. [14:25:21] Do you all want to guess how effective the government funded retraining programs were for the manufacturing workers who lost their jobs 15 percent on anchoring you lower? Because it is low. Zero to 15 percent success rates. Total dud. And when I said this to the folks in D.C., one of them said, well, I guess we'll get better at it. The truth is that the folks in D.C. will do well, whether we do well or not. The feedback mechanism is broken. It's one reason why Donald Trump is our president today. [14:25:50] And one person in DC leveled with me and said something that brought me here to you all. He said, Andrew. During the wrong town. No one here will do anything about this, because Washington, D.C. is fundamentally a town of followers, not leaders. And the only way we will do something about this is if you were to create a wave in other parts of the country and bring that wave crashing down in our heads. That was over two years ago. [14:26:13] I said I will be back with the waves. I accept that challenge. And I stand before you today. I'm fifth in the polls to be the nominee of the Democratic Party. We bring ten million dollars last quarter in increments of only 30 dollars each. So my fans are almost as she does birdies and that 10 million, zero corporate PAC money, all people powered all the grass roots. We just announced today that we're going to do better than that in this coming quarter. We are growing while other campaigns are shrinking because we are solving the actual problems. [14:26:49] I got Donald Trump elected and we have real solutions that would help move the country forward. So what are the solutions? If you're here today and I appreciate you braving the elements and saying I'm going to go see Andrew Yang, even though it's yucky, is it's pretty gross out even. You know, I mean, I grew up in New Hampshire, too. So if you were here today, at some point you heard that this guy wants to give every American a thousand dollars a month. Remember the first time you heard that? [14:27:16] The first time you heard that you were like, ha, ha, that's a gimmick. That's too good to be true. That will never happen. But this is not my idea. It's not a new idea. Thomas Paine was born at the founding of the country. He called it the citizen's dividend. Martin Luther King fought for it in the 1960s, called it the guaranteed minimum income for all Americans. And it is what he was fighting for when he was assassinated in 1968. I had the privilege of sitting with Dr. King's son in Atlanta, Martin Luther King, the third who said, this is what my father was fighting for when he was killed. A thousand economists endorsed it in the 60s. It passed the U.S. House of Representatives twice in 71 under Richard Nixon. [14:27:57] It's called the Family Assistance Plan, which has an income floor for all Americans. And then eleven years later, one state passed a dividend where now everyone in that state gets between one and two thousand dollars a year. No questions asked. And what state is that? New Hampshire. How does Alaska pay for it? And what is the oil of the 21st century technology? A software of self-driving cars and trucks. A study just came out that said that our data is now worth more than oil. How many of you saw that study? How many of you got your data check in the mail? We laugh, but where did the data checks go? Facebook, Amazon, Google, the mega tech companies that are paying zero or near-zero in taxes. That is the game. New Hampshire. Our communities are getting sucked dry and depleted. [14:28:45] We're looking around wondering where the value went. And the biggest winners in the 21st century economy are paying zero in taxes. Well, we have to do is we have to get our fair share. Your fair share. Make sure Amazon is trillion dollar tech company actually is paying taxes. And equally important, we have to put that value into our hands. Into your hands, the hands of the American people. Build a trickle up economy from our people, our families and our communities up. [14:29:12] Because if we put this thousand dollars a month into your hands, where will the money go in real life? I'm going to guess a lot of it's going to stay right here in Nashua, New Hampshire. Right. It's good for the Chamber of Commerce when a business here and be like, well, I think people might be patronizing my business a little more often, but the money would go into car repairs you been putting off and daycare expenses and little league sign ups and local nonprofits and religious organizations. It would create a sustainable path for rural parts of the state that right now are struggling to find it. [14:29:46] It would make our people stronger, healthier, mentally healthier, less stressed out for the students who are laboring under tens of thousands of dollars in student loan debt. It would help to clear that debt. I want to do more to clear that debt independent. I'm giving you a thousand bucks a month because at one point, six trillion is out of control and it's immoral the way it was generated. This thousand dollars a month would help us manage the greatest economic transformation in our country's history. I am friendly with some of the leading technologists in the country. [14:30:15] They tell me, Hey, Andrew, I've seen what's in the lab. And when it comes out, it's going to be. A bigger problem than anyone realizes. You know how that conversation never goes. Andrew, I've seen what's in the lab and everything will be fine. That's not the end of that thought. The more someone known as, the more concerned they are. The folks in DC are decades behind the curve on technology in particular. They got rid of the Office of Technology Assessment in 1995. Congress has literally had zero input on technology issues for 24 years. [14:30:50] Aside from the tech companies themselves, and you can guess what the tech companies have been telling them. So these are the changes that we have to make to rewrite the rules of the 21st century economy. To work for us. To work for you. If you are a young person, you feel like it's not working for you. You're right. It is not working for you. If you were born in the 1940s, the United States of America, there was a ninety three percent chance you're going to do better than your parents. That's the American dream. [14:31:15] That's the American dream that drew my parents here. If you were born in the 1990s, which is some of you, you're down into a 50 50 shot and the numbers declining quick. That's why young people in particular feel like we've left you an economy that doesn't work for you. A mess in addition to climate change. And we have. If you were a young person and you feel distressed or angry about it, I get it. We owe you better. We have to do better for you. We have to start measuring how our economy is doing based upon how you all are doing to see how it's working again. Corporate profits at record highs while our life expectancy is declining, which is more important. Yes, I agree. [14:32:00] And if you think about how we're measuring the value that we're producing, my wife is at home with our two young boys, one of whom is autistic. What is her work included out in our economic measures? Zero. And we know that's nonsense. We know the work she's doing is among the most challenging and important work that anyone does. It's not just her work. The things that we value most are progressively getting zeroed out in American life. It's parenting. Yes, nurturing, caregiving, volunteering, mentoring, coaching, increasingly arts, increasingly journalism. [14:32:38] And our market is going to systematically undervalue the work done by women and underrepresented minorities in particular. We all knew that. We know that women do more of the unrecognized, uncompensated work in our society every single day. So by properly measuring our progress, we can actually see the depth of the problems and then start working to improve on them. So if GDP is this bad to measurement that has less and less relationship with how we're doing and even its inventors had one hundred years ago, this is a terrible measurement of national well-being. We should never use it as that. What would a measurement that actually measure is how you and your family are doing look like? Like what would that measurement be? [14:33:24] Quality of life. Yeah, you could. You can do something about civic engagement. How about mental health and freedom from substance abuse? [14:33:35] How about health? The life expectancy? Ability to retire with dignity, clean air and clean water. We can actually make these the measurements of our society. And as your president. That's exactly what I'll do. I'll say GDP is one hundred years old. It's time for an upgrade. It's past overdue. And here's how we will measure our progress now. [14:33:58] And then we would see we're in a mental health crisis. We would see we're in a wellness recession. We would see that our environment is getting worse and worse and is not included in our current numbers. How many of you all have run a business organization or department or division? Imagine if you had the wrong measurements for that organization. How to do over? [14:34:21] That is where we are right now as a country. [14:34:23] We're getting beaten over the head with GDP headline unemployment and stock market prices and none of those things has much of a relationship with how we're actually doing GDP. I talked about a little bit. Stock market prices. The bottom 80 percent of Americans own 8 percent of stock market wealth. [14:34:38] The bottom 50 percent own essentially zero. Stock market prices correspond to the top 20 percent of society. [14:34:44] If you're generous and headline unemployment doesn't include the fact that millions are dropping out of the workforce, that people are doing two or three jobs to get by, and that 40 percent of recent college grads are doing a job that doesn't require a college degree. So we get the measurements right. We can actually make progress. Donald Trump said in 2016 he was going to make America great again. And what did Hillary Clinton say in response? [14:35:11] America's already great. Remember that? New Hampshire. It has been a long several years. [14:35:16] I know we have to acknowledge that the problems are real and that they are deep in our communities. But we need solutions that would actually help people and move us forward. What we're Donald Trump's solutions going to build a wall to turn the clock back and bring the old jobs back. New Hampshire, we have to do the opposite of these things. We have to turn the clock forward. We have to accelerate our economy and society as quickly as possible to rise the real challenges of this era. We have to evolve in the way we think about ourselves and our work and our value. And I am the ideal candidate for this job, because the opposite of Donald Trump is an Asian man who likes math very much national. [14:36:06] Make America think harder. That's right. That is your job and you're going to help us move the country. Not left, not right, but forward. Thank you very, very much. We're going to be celebrating New Year's Day. I can't wait. [14:36:23] Oh, thank you. So I had this letter and this was still on tonight. But you you hear me? I'll try to project. I'll use my own voice and everyone will write. So let's get a couple of questions. I want to start off and then we'll look to the audience, though, just as a prep for that. If you do have a question and you can use one like that's right there that Samantha is pointing to. And as you get up to ask your question, if you please state your name and if you are with an organization or business, that as well, do you ask a question? [14:36:55] So let me start. So you talk to me about jobs going away because of article and artificial intelligence and different kinds of automation and things like that. But here in New Hampshire, we're actually seeing the opposite of that. We have thousands of jobs left unfilled right now because employers can't find sufficient skilled workers to fill those jobs. How does your economic plan education or taxes for those? How do those policies help business owners right now can't be as successful as they could be because they don't have the people jobs. [14:37:33] Yeah, a lot of it does revolve around education, and many of the employers that are looking for workers are trying to find skilled technical workers, tradespeople. We have a massive national shortage of tower climbers and each fact repair people and people that actually work on the guts of our infrastructure. There are other types of needs and gaps, too. But I'm going to talk about these technical jobs because I think it's just such a massive opportunity. [14:38:00] Only 6 percent of American high school students are in technical or trade. Or apprenticeship programs right now in Germany. [14:38:07] That's fifty nine percent. [14:38:08] Think about that goal. [14:38:10] And we are lagging behind because many employers are looking around saying, I need someone with this sort of training. So we have to get that six person up as quickly as possible. And this has the added benefit of being able to say to our young people, a college is not the end all be all for everyone. Only 33 percent of Americans will graduate from college. And again, we made it more and more expensive. Well, we have to do is create paths forward for different students in different areas and lead them to the opportunities that need to be filled in many, many communities. [14:38:40] I'll also suggest that a lot of the people that are looking to hire, too, would like the headline unemployment rate. It really does obscure a lot of weakness that I see when I talk to folks here in New Hampshire, because if you're doing multiple jobs to make ends meet, you count as employed. If you're underemployed, you count as employed. And if you leave the workforce and stop looking because of a health problem where you're taking care of a relative, you don't get included in that number. So there's a lot of weakness that's being obscured in our communities because we're using a measurement that's way out of date and misleading. [14:39:15] Thank you. I wanted to follow up also on your freedom dividend plan. So last month, do it. That's pretty good to a lot of people. So I did a little bit of simple math. I will admit upfront political science, major math is not necessarily my starting point. Different math with that math. But there are a little over two hundred nine million Americans who would qualify for that at twelve thousand dollars a year, meaning over 2.5 trillion dollars a year to fund that. How does the math actually work that you can tax whatever corporations you want to test come up with that additional revenue every year? [14:39:58] All right. I'm so glad you asked. I love it so much. [14:40:04] So first you have to look at who the biggest winners are going to be if you have Amazon, Google, Facebook systematically paying zero or near-zero in taxes. Then, of course, you going to have problems affording things. But if you put a mechanism in place where we all get even the tiniest slice, our fair share of every Amazon sale, every Google search, every Facebook ad, eventually every robot truck mile and a I work unit generates eight hundred billion dollars a year with a giant up arrow attached to it. So that number is going to shoot up now. A hundred billions, not two point four trillion. As you suggest. [14:40:38] But after you put that no amount of money into our hands, the money doesn't disappear. It circulates through our community and our businesses over and over again, ends up increasing tax revenue by conservatively, let's call it, 600 billion or so. Then here's where the magic comes in. You see an additional hundreds of billions on things like incarceration, homelessness services, emergency room, health care that we spend almost a trillion on now. And it was right here in New Hampshire where our corrections officers had said this to me. He said we should pay people to stay out of jail because he sees how expensive it is when they're in jail. This is what happens in our society. [14:41:18] We don't invest in people that we end up paying in much more expensive and punitive ways when they hit our institutions, because we know our institutions are incredibly expensive. And the last piece, the best piece is that one study showed that if you were to alleviate poverty in this way, you would increase our GDP by 700 billion dollars a year just on the basis of better health and educational outcomes of our people. This is a massive investment in human capital. And this doesn't even take into account the catalyst for entrepreneurship and creativity and value creation that would ensue when having a population that can actually afford to take some risks and not feeling like if they fail, then it's going to mean the difference between having a home and the. [14:42:05] One more. I'm not going to tell you guys. You've had a chance to ask, but, you know, in essence, right now you're with the American people for a very important job. [14:42:15] The leadership position, the CEO feels that someone who was hired many and perhaps fired unless you have advice to the American people as they compare and consider all of the candidates. So what should they do as they check off your qualifications and those of others to make sure they make the right choices? [14:42:38] I love this question so much. I've never gonna do. I love it. [14:42:41] That's true. The chamber. [14:42:50] To me, the most important thing about who we choose as our president is whether they understand the real problems on the ground as we're experiencing them. And that can actually bring solutions to bear to solve them and improve our way of life. I'm going to suggest to you all that technology is the driving force behind many changes in our economy and society. And then most of the other figures in this race, whom I like it, admire a great deal. [14:43:13] And I consider many of the friends, but many of them do not understand technology very well. And they also do not understand technology's intersection with the labor force. Very well at all that if we have the wrong person in that seat, we're going to have another four years of your mall's closing of A.I., getting smarter of the robot trucks starting to multiply in the highways. And that as this continues, it's going to get harder and harder for us to actually put in place a path that lets Americans know that we are not going to be left behind, that we're actually the owners and shareholders of this country and not inputs into a giant capital efficiency machine. [14:43:58] If you don't understand the real problems, you're not going to be able solve them. I believe I have a much clearer understanding of what lies ahead for this country. [14:44:06] Shipped to all of you now. So I feel like yelling questions so we can get your feelings with the business or let us know that as well. [14:44:22] Little branching out with me to the president education co-op. I should go on to the. They're guaranteed in numerous cases and from some of the techniques that the rationale for that obviously is to do with the dislocation that will come from increase in the eye and robotics and automation. But there is an equally strong justification for it. In my view, I wonder if you have time or you just definitely suffered the almighty scientist. [14:45:03] She's come up with a scary statistic because of the exponential rise in the autism. And she's just claims that within 10 years, every other family will be dealing with a child in the optic. This will take a terrific amount of resources to apply for homeowners who typically caretakers in the home that are should and looks spoken to some limitations. But if you come in on this, is it possible other justification and rationale for. [14:45:36] Freedom Dividend, which I like to call detective. Thank you for this question. These are the best questions I received in quite some time. I have a son on the autism spectrum and what I say to families around the country is that special needs is the new normal. Certainly I have not seen a study that suggests it's going to get up to 50 percent, but it's already normal and many millions of families all around the country. And the big problem here is that you have a special needs child like my son who shows up at school and the school says, I don't have the resources available to actually do what this child needs and requires because I have one teacher for my kids and I'll have a budget for this. [14:46:17] And so that child ends up falling through the cracks. The family has to scramble their massive problems. But it's in large part because, again, we're confusing economic value and human value. We're saying that this kid needs more and thus is a burden on the community. Instead of seeing it the way we should be, which is that our kids well-being is the point of the economy, we should use that as a measuring stick, which incidentally means you pay teachers more. You hire more teachers. You lighten up on the standardized tests that we devised during World War Two as a means to identify which kids not to send to the front lines. Now we're just bludgeoning our kids with them, then distorting teacher behavior. [14:46:56] You stop treating your schools like assembly lines and start actually trying to put the resource in place to give our kids what they need. If you change it from this cost model to this investment model, then you see that this is the future of the 21st century economy making ourselves stronger, healthier and more hold. And if we don't evolve in that direction as quickly as possible, then you are correct that many communities will feel themselves to be overwhelmed by the cost of supporting many special needs children who, quite frankly, are going to grow to become special needs adults. And if we don't start changing the measuring stick, then we're going to see these people as again, cost centers and burdens instead of being owners and parts of our families. [14:47:41] So thank you for the question. Thank you. [14:47:50] Hello. Guy fun except with you. Tell him to review round up in Massachusetts, speaking about make it back in Carragher. It is a national science driver program. Do the population economically and inspire the population? But we have a couple of major problems to solve first. Number one, you were talking about your fence went down to Wall Street where the derivatives and stuff. Since 2000. The big, big banks are much bigger and about to blow out. The Federal Reserve has been giving them a hundred million dollars a day since September, which means we're close to a very big global blowout again. [14:48:40] Can we have each. 2 1 7 6 in the house? Everyone should be calling their reps and demand and becomes law. And last one is we have to get back to economic sovereignty. In other words, we don't need a independant private entity controlling our economy, growing over 20 trillion dollars in debt. So we have to come back and do away with dreadful reserve and fixed currency and get back to the banking system. [14:49:12] And this was a very profound question to some people when they come to an event. [14:49:20] One of the thoughts is what Tracy originally asked is like, where do we get the money to do what we need to do? [14:49:26] How many of you here remember voting for the four trillion dollar bailout of Wall Street? How many of you remember anyone saying where we're going to get the money? That's what he's talking about, his printing of hundreds of millions of dollars a day to shore up the balance sheets of our banks. No one voted for that. No one you know, no one said, yeah, let's do that instead of bailing out homeowners. I mean, to me, you're the obvious choice was to bail out homeowners and keep people in their homes, keep communities whole. [14:49:53] But instead, we chose to recapitalize the banks. And that is an emblem of the choices we're making in this country. Everything revolves around the almighty dollar of our institutions, and we don't trust our people in the least. We have to choose our people. And to your point about what we've done in terms of recapping Wall Street and privileging them, you're right. The banks are now bigger than ever. They're absorbing more and more of the financial activity. Community banks and places like New Hampshire are a thing of the past. If you're old enough, you remember being here. [14:50:20] You remember there were community banks here that like the gobbled up by Bank of America and the giving. So this is what we have to again counteract. We have to choose our people instead of the banks. And we do have to stop bailing out Wall Street and letting them run and own our economy in this way. So thank you for the question. We'll just you one sentence, Pastor. [14:50:44] If you look at what to Mr.. [14:50:53] Thanks for coming, my name is Joe, I'm a college student from Worcester, Mass. My question today is, is that based on the dividend that you're talking about now. Of course, anywhere you want to do it. Putting taxes on companies such as Amazon, Facebook and the like. But my question is, how can you prevent these companies from outsourcing themselves and to other countries to avoid such tax removal of such tax breaks? [14:51:17] Sure. So this is based upon a system that's in effect in just about every other developed country. And it occurs on the point of sale. We're the number one market in the country. So it or the world. So even if Amazon were to shift some of its offices to other places, they're paying another the point of sales so they pay it no matter what. [14:51:33] This is what other countries have figured out. Other countries have said that having the Amazons of the world Pizarro taxes is untenable and it's worked everywhere. Also would work here, too, because you're right. Companies will do anything necessary to try and save money. But this is because it's a point of sale. It's very, very hard to escape. It's impossible to escape, actually. The comparable comparison I use is that Jeff Bezos right now is worth about one hundred nine billion dollars. [14:51:56] Post divorce. If you were to ratchet up the tax rate, let's say, to 75 percent, 80 percent. How much of this hundred nine billion dollars do you get next to nothing because you're not dumb enough to pay itself by a billion a year? No. He pays himself something modest and then most of his wealth is tied up in Amazon stock. So what you do is like Willie Sutton, the bank robber, why did he robbed the banks? Because that's where the money is. The money is flowing at Amazon. So you take it out. [14:52:21] The point of sale there, then you get billions from his business. And then when Jeff takes a billion dollars out of his stock every year to buy rocket ships to Mars, which is what he does with his money, then you take a toll there to you make it so that you get it coming and going and then it ends up in our hands to make our families communities stronger. But because it's at the point of sale, it doesn't matter where they base their operations. [14:52:44] Thank you. Thanks, man. [14:52:48] Like when it is, Kurt. I'm a campaign supporter from Massachusetts. [14:52:51] I can tell by the story. Thank you, Kurt. I'm going to head to Iowa also for. [14:52:55] Yes. Oh, you can stay here in New Hampshire. Either way, I mean, no. You know, Iowa then. Come on over. [14:53:01] So it might be time to put some minds at ease about healthcare. This is Medicare for all. It's become this sort of political football. It's a almost a branded phrase at this point. To what extent are you anchored specifically and explicitly to Medicare for all as it's written as a phrase? And to what extent would universal health care be a more useful phrase? [14:53:24] Where has that occurred? I mean, Medicare for all is universal health care for all Americans. It's on the name of a bill. It's a name for trying to get every American healthcare independent of their works, that is, or whether or not they can go forward and certain levels of premiums. [14:53:40] Now, I'm not someone who thinks you can uproot private insurance plans quickly because you're talking about millions of Americans on these plans. In some cases, they actually negotiated a way higher salaries for the plans. So somehow legislating those out of existence very quickly seems to me to be unduly impractical, as large, disruptive. [14:54:03] So the plan to me should be for the government to provide a public coverage option that then out competes the private insurers and squeezing them out over time. Now, to your point, Kurt, it is true of Medicare for all means certain things to certain people. And you're probably right that universal healthcare would be a better way to frame it. [14:54:27] I make Americans think harder. I would challenge you to think harder to look for chess moves that may reduce the size of government and make it a free country. Such as if a state legislature says no more zoning restrictions in every city and town immediately, there will be an abundance of new jobs and demolition and construction. [14:54:50] And with the glut of housing of the meeting, the modern code, that would immediately be landlords scrambling to find tenants. But half the rents that they're paying now, more people waiting at each less stop. They would be the bus companies that extend their employees and their goods. And people wouldn't have to pay for a parking lot when they don't even have a car. [14:55:12] This man strikes me as so. And it was you know, it wasn't him to wait for. [14:55:15] My name is Tom Ellis here. I used to be a state rep here briefly many years. I know you from here in New Hampshire. [14:55:20] I live in Hudson, New Hampshire now because I was going to comment that you sounded and felt so New Hampshire to me in their response like this, you know, libertarian element to this idea. And I'm sympathetic toward many aspects of it. We do have to lighten up on some of the restrictions on development. A lot of the restrictions are NIMBYism. We're just saying, like, not my backyard. Affordable housing is good in the abstract, but not here, because, you know, I don't want it to depress my. [14:55:47] My home is values and big picture in terms of the federal government. Donald Trump said he wants to drain the swamp. In many ways, he was not wrong again as the richest city in our country. And what are they producing? Unclear. So he said he wanted to drain the swamp. I want to distribute the swamp. Why would you have tens of thousands of employees and buildings in the most expensive city in the country? [14:56:15] You should be moving those agencies to Ohio or Michigan or New Hampshire or Florida or a place that would actually love to have that economic activity. The cost would be much lower because everything is cheaper in these places. And I would argue the decisions would be better because they would actually be tied to our communities and make decisions not from the bubble of D.C., but from an actual place where other people are working and living relatively normal lives. So I'm sympathetic to much of what you're describing. And I do think that zoning regs are standing in the way of a lot of the affordable housing development that you're seeking. [14:56:54] I like his sweater to wear that. No, I'm sure, though. WW WW Dodge job. [14:56:59] Yang joins me now. Mr. Yang, I was at your Hannover Town Hall event about a month ago. [14:57:06] And just a quick disclaimer, this gives you a little bit long, but I'll get this as short as possible because this is the best way that I can get my message out to people. But and I think this would encapsulate what we're kind of all thinking. So, Mr. Yang, there has not been a poll in an early state released in 47 days. Tom Perez, the chairman of the DNC, just rejected your request for the DNC to conduct and released more early state polls, essentially cutting off a vital pathway to the January debate. [14:57:36] On Perez's Twitter biography, he writes and I quote, likes the Buffalo Bills, the Democrats in fighting for the little guy, though not in that order. Well, apparently he doesn't like fighting for the little guy who is over 400000 donors, including some here right now in New Hampshire. Which would you look at? That is an early state. [14:57:55] So to the people in the room, we have a chance to raise Elizabeth Warren for the fourth quarter, and I'm going to look towards kind of the biggest camera in the room. Plus, if there is someone from the DNC watching. [14:58:12] Oh, shoot. [14:58:14] If there's someone from the DNC watching, look at the crowd. We've crammed over one hundred people into a room built for 30. There are people watching from out the door. [14:58:25] The people is my points. I cannot even vote in the 2020 general election. But I'm the most passionate of this and I have let anything happen in a long time. Hold on a minute. Hi, I'm in. [14:58:48] So, Tom Perez, fight for the little guy, play for all the little guys in this room, fight for the American people, all the people, all the people. It seems like we're not going to get much help in this process. So to the people over 18 years old, keep phone banking, keep canvasing, keep young people, keep making America think harder because we all know it's not left. It's not right. It's forward. And I'm a part of the gang gang because I'm scared of the future in America and in my age group. I'm not alone. [14:59:16] So, Mr. Gang, do you have any thoughts on the issue of. [14:59:25] Are you're making me feel better about the future? Al is just by being so passionate and I think. [14:59:34] Leadership on your part? I believe we're going to get the polls we need in the right time frame and I'll be on that debate stage in January. What is the number one criteria for Democratic voters for the nominee beating Donald Trump? That's right. [14:59:50] And a poll right here in New Hampshire said that 10 percent of Donald Trump voters would support me over Donald Trump in the general election. Another poll said that 18 percent of college Republicans would choose me over Trump, unlike any of the other candidates in the field. [15:00:05] I am drawing in disaffected Trump voters, libertarians and independents, as well as Democrats and progressives. I am the best candidate to take Donald Trump on and beat him. That's why as soon as they poll New Hampshire and Iowa, we'll see that we're well above the DNC threshold. And I will say, I'm very confident we're going to make the debate stage. We've actually offered to the DNC to pay for the polls because they were complaining of our cost and those like we'll pay for it. [15:00:33] So we'll make that debate stage in January. But more importantly, this campaign is going to keep growing and growing because we are talking about the issues that Americans care about and the problems that we see around us every day. Really, this man, you really are an inspiration to me. Like, thank you so much. And he's also a poster child for the reason why I believe we should lower the voting age to 16. Yes. [15:00:59] You heard me out there, some of you were like, that seems aggressive, but 16 year olds can pay taxes. If you had 16 year olds being able to vote, it would transform every high school in the country into a political hotbed instead of with us, you know, instead of something like, oh, we don't talk about it, no one, you can actually vote. [15:01:17] Studies have shown that the earlier your first vote is the more likely you are to vote throughout your life. And frankly, you're going to be here longer. You should have a say in what's going up. The main counterargument to this is that 16 year olds are too immature and ill informed to vote. And I think Alice does prove that to be nonsense. Am I right? [15:01:37] Everyone is waiting for you. Less than one million dollars to the three million dollar career for fundraising goals, so people keep donating. We've got to make it like the playoffs as a passionate young person here in New Hampshire.
Footage Information
Source | ABCNEWS VideoSource |
---|---|
Direct Link: | View details on ABCNEWS VideoSource site |
Title: | ANDREW YANG NASHUA NH TOWN HALL AND GAGGLE ABC UNI 2020/HD |
Date: | 12/30/2019 |
Library: | ABC |
Tape Number: | NYU430938 |
Content: | TVU 10 ANDREW YANG NASHUA NH TOWN HALL ABC UNI 123019 2020 GAGGLE LOGGED IN PART FROM NNS O2 COVERAGE 1505032 Q>> You signed a letter for Booker this month saying we should revert to earlier qualification standards. Are you contradicting yourself not by saying polls should be consistently raised? YANG>> I was for lowering polling standards to help make the debate stage more diverse. DNC very clearly said, hey, we're gonna elevate the standards and so, our response now in this situation was: if you're going to elevate the standards, you need to have polls. Like, how can you raise the standards and the not have a poll for 47 days? 150614 So, that's where we are right now, I would be thrilled if they decided to go back on the announce standard but I thought that was unlikely after they announced it. We're trying to influence what they were going to announce, before the fact if you remember. Q: I guess even now you would be diversifying the debate stage still all white at this moment if you agree to previous debate standards (?) 150636 YANG: so I would be thrilled if they ran polls, I would be thrilled if they reverted to earlier standards. Q: (?) 150647 YANG: we're just being nice by saying standards. [laughs] Q: Is there anything the DNC can do aside from spending their own resources (?) polls. 150719 YANG: nothing is preventing the DNC from reaching out to any of the poll organizations and saying hey, when is your next poll going to be in each of these states? And if they heard back that it was not going to be in time for the Jan 10th deadline they should say why don't you start it as soon as possible? And if there's any cost involved, we can help with that cost. 150741 The DNC saying we can do nothing about it seems disingenuous because they can clearly reach out to any of the approved poling organizations that asked for a poll to be conducted in any given timeline. Q: CA personal data is breached the are allowed to sue the company. What are your thoughts? 150805 YANG: I think that sort of policy is overdue but I would go a step further: it's not just that we can sue if our data is breached, we should be privy to our data even when it's not being breached. We should own our data as our property and if we're deciding to loan it to technology companies - -150821 And if it's getting sold, and resold, or if the tech companies are profiting from it, we should know about that and we should be able to share in the value. SO I love the law, I just don't think it goes far enough to make our data our own property. Q>> Healthcare -- M4A is the name of Sander's bill, your website still lists M4A as a platform of the campaign. Is it confusing to use that term when it is not what the actual bill or policies that Warren and Sanders' are? 150913 YANG>> To me, MEdicare for All means universal healthcare for all Americans, and that's where we should be driving as quickly as possible. We need to get healthcare access up and the costs down to a level where Americans can get the healthcare that they want and deserve. Healthcare should be a human right here in this country, instead of a means for companies to make money off of us. 150940 Q>> But your version and Sanders' mean very different things. Would you consider rebranding your plan? YANG>> Again, I think Medicare for All means universal healthcare to me and other Americans. 151000 And I think that if anyone spends anytime with us, they can see our vision for the healthcare system. Q: we have come to believe that Sanders bill is the definition of Medicare for all, does it feel like you're sort of taking the definition and sort of redefining it? 151025 YANG: I guarantee that virtually no Americans have actually read the proposal anda so if you were to say the proposed bill that Senator Sanders put forward, so if you say Medicare for all to most americans, I don't think that they are thinking about Senator Sander's bill because they haven't gotten into the weeds in reviewing that bill. TVU 10 ANDREW YANG NASHUA NH TOWN HALL ABC UNI 123019 2020 151031 YANG>> .. What I think and what I believe most Americans think when they hear Medicare for All is we should all have healthcare. ## TOWN HALL HIGHLIGHTS 16 Year Old 145702 Q: Mr. Yang, I was at your Hanover Town Hall event about a month ago and, just a quick disclaimer, this could be a little bit long, but I'll get this as short as possible because this is the best way I can get my message out to people, but -- and I think this would encapsulate, kind of, what we're all thinking. So, Mr. Yang, there has not been a poll in an early state released in 47 days. Tom Perez, the Chairman of the DNC, just rejected your request for the DNC to conduct and release more early state polls, essentially cutting off a vital pathway to the January debate. 145736 On Perez's twitter biography, he writes and I quote, "Likes the Buffalo Bills, the Democrats, and fighting for the little guy. Though, not in that order." Well, apparently, he doesn't like fighting for the little guy who has over 400,000 donors including some [inaudible] right in New Hampshire which -- would you look at that -- is an early state. So, to the people in the room, we have a chance to outraise Elizabeth Warren in the 4th quarter [audience member howls] 145803 And I'm gonna look towards kinda the biggest camera in the room but, if there is someone from the DNC watching -- oh, shoot, where am I? [laughter] -- if there's someone from the DNC watching, look at the crowd. We've crammed over 100 people into a room built for 30. There are people watching from out the door. Poll the people, is my point. I cannot even vote in the 2020 general election, but I am the most passionate about this than I have -- than anything I have been in a long time. 145837 YANG>> Give me a high five, man. [laughter / applause] [they hug] Q: So, Tom Perez, fight for the little guy. Fight for all the little guys in this room. Fight for the american people. Poll the people. [audience members shout "poll the people"] It seems like we're not gonna get much help in this process. So, to the people over 18 years old, keep phone banking, keep canvassing, keep Yanging people, keep making America think harder. 145907 Because we all know it's not left, it's not right, it's forward. And I'm apart of the Yang gang because I'm scared of the future in America. And in my age group, I am not alone. So, Mr. Yang, do you have any thoughts on the issue [laughter/applause] 145924 YANG>> My thoughts are you're making me feel better about the future, Ellis, just by being so passionate and articulate and spot-on (?). [applause] You know, that's awesome leadership on your part. I believe we're going to get the polls we need in the right time frame and I'll be on that debate stage in January. MEDICARE FOR ALL 145250 Q>> This phrase "Medicare for All" has become almost a branded phrase at this point. To what extent are you anchored specifically and explicitly to Medicare for All as it's written as a phrase? And what extent would universal healthcare be a more useful phrase? 145324 YANG>> I like where your head's at, Kurt. To me, Medicare for all is universal healthcare for all Americans. It's not the name of a bill, it's a name for trying to get every American healthcare independent of their work status or whether or not they can like afford certain levels of premiums. Now, I'm not someone who thinks you can uproot private insurance plans quickly, because you're talking about millions of Americans on these plans. In some cases, they actually negotiated away higher salaries for the plans, so somehow legislating those out of existence very quickly, seems to me to be unduly impractical slash disruptive. 145402 So the plan to me should be for the government to provide a public coverage option that then outcompetes the private insurers and squeezes them out over time. Now, to your point, Kurt, it is true Medicare for All means certain things to certain people,and you're probably right that universal healthcare would be a better way to frame it. ## TRINT TVU 10 ANDREW YANG NASHUA NH TOWN HALL ABC UNI 12.Sub.01.wav [14:15:34] There's one like, oh, yes. Voice amplification, it's great to be back here in New Hampshire. Tracey, you missed the most important thing. I graduated from Phillips Exeter Academy in 1992. [14:15:49] That's a pretty tepid applause. [14:15:52] But here in the U.S., it's OK. I was invited back to speak at a number of months ago. [14:15:59] And when I spoke, I said this my first time back since I graduated because I didn't enjoy myself here. And the student body erupted in applause. [14:16:10] I felt really bad. [14:16:11] That wasn't the reaction I was going for. And as Tracy said, after I graduated from Exeter, I went to Brown and then Columbia. And then I became an unhappy lawyer in New York City for five months. [14:16:23] And somehow she gets a along. [14:16:26] And I left the firm to try and start a business. How many of you? Because it's the Chamber of Commerce. How many of you've started a business or organization or club or list. So if you have your hand up, you know, two things. Number one, it's much harder than anyone lets on in. Number two, when someone asks you how it's going, what do you say? It's going great. Everything's always going great. My business went great until it failed. My parents told people I was still a lawyer because there was a much easier story, but I'd been bitten by the bug. [14:17:00] I worked at another small company and then another, and then I became the head of an education company that grew to become number one in the United States and was bought by a bigger company. Now, 2009 is like it's a decade ago. I can't believe it's already been 10 years. That was a very tough time in much of the country. How many of you were here in New Hampshire ten years ago? And how was that time for you in Nashua in 2009? [14:17:24] College. [14:17:26] You're laughing. Were you the Marilyn? [14:17:31] I just want to come in on all of the elected officials and former elected officials, because here in New Hampshire particular, it's a labor of love. You're certainly not doing it for the money or the glory. And I tell people who run for local office, I believe it's harder than running for president because people know where you live. [14:17:52] So the financial crisis 10 years ago racked many of our communities. And I saw this unfold. And I thought I had some insight as to why the economy had collapsed. It was because so many of the wannabe whiz kids, I'd go into Exeter and running Columbia with it gone to Wall Street and helped create derivatives and mortgage backed securities and these exotic financial instruments. And so I thought, well, that's a disaster and that's a train wreck and that's where our energies are going. [14:18:19] So I imagined what I would want our energies to go towards instead. And the vision I came up with was to head to a city like Detroit or Cleveland or Birmingham or Providence and help grow a company to create jobs. So I started a nonprofit called Venture for America, started calling wealthy friends, asking them this question, Do you love America? The smart among them said, What does it mean if I say, Yes? Andrew? And then I said, at least ten thousand dollars. So raised a couple hundred thousand dollars, which grew to the millions, helped create thousands of jobs in 15 cities around the country. [14:18:56] And as Tracy said, I was honored by the Obama administration multiple times. I got to bring my wife to meet the president. So my in-laws are very excited about me that week. [14:19:06] But unfortunately, during my travels, I started having this sinking feeling where for any job that my organization was helping to create. Many of these communities were losing dozens, even hundreds of jobs. I started to feel like my work was pouring water into a bathtub that had a giant hole ripped in the bottom. But I was still surprised when Donald Trump became our president in 2016. How did you all react when he won? [14:19:32] Tears, devastated disbelief. To me, it was a giant red flag that tens of millions of our fellow Americans decided to take a bet on the narcissist reality TV star as president. And even if you were devastated or cried, we all have family members or friends or neighbors who were very excited about his victory. I started to dig into why I thought he won. If you turned on cable news today, why would you think that Donald Trump's our president? [14:20:04] Facebook, Facebook, racism. Russia cared about gods and perhaps emails, but someone shouted out the economy. [14:20:15] That's closer to the truth. When I dug into the numbers, we've automated away 4 million manufacturing jobs over the past number of years. And where were those jobs? [14:20:27] Ohio, Michigan, Pennsylvania, Wisconsin, Iowa, all the swing states that Donald Trump needed to win and did win. And if you doubt this, if you go through the Motor District data, you see that there's a straight line up between the adoption of industrial automation and in a voting district and the movement towards Trump. This happened in New Hampshire, but it happened earlier. You all lost over 12000 manufacturing jobs in the northern part of the state. And when you go to those towns, you see that many of those towns have never recovered. [14:20:59] That after the factory of the plant closed in, the shopping district closed and the population shrank. When I was in Detroit and Cleveland and St. Louis, as you saw, a lot of the same things were in the midst of the greatest economic transformation in the history of our country. Because what happened to the manufacturing jobs is not stopping there. It's now heading to retail call centers, fast food, truck driving and on and on through the economy. [14:21:25] How many of you have noticed stores closing right where you live here in New Hampshire? And why are those stores closing? Amazon? That's right. One word answer. Amazon soaking up 20 billion dollars in business every single year. How much of the Amazon pay in taxes last year? Zero. That's your math. New Hampshire. Twenty billion out. Zero back. Thirty percent of your stores in malls close. Most common job in the economy is retail clerk, average retail clerks, the 39 year old woman making between nine and ten dollars an hour. So if her store closes, what is her next opportunity going to be? [14:21:57] How many of you have seen a self serve kiosk in a fast food restaurant like a McDonald's? Every location in the country in the next two years, starting at the front of the house, they're going to move to the back of the house. When you call the customer service line of a big company and you get the bot or a software, I'm sure you do the exact same thing I do, which is you pound 0 0 0 as a human human and you get someone on the line. How many of you do that? [14:22:19] Yeah, that's always terrible. [14:22:21] But in two or three short years, the software is going to sound like this. Hello, Andrew. How's it going? What can I do for you? It'll be. Seamless, delightful, you might not even realize it software. What does that going to mean for the two and a half billion Americans who work at call centers right now making fourteen dollars an hour? [14:22:41] How many of, you know, a truck driver here in New Hampshire? [14:22:44] It's the most common job in twenty nine states, though. Three and a half million truckers and my friends in California are working on trucks that can drive themselves. [14:22:51] They say they're 98 percent of the way there. A self-driving truck just took 20 tons of butter from California to Pennsylvania about two weeks ago. Totally autonomous. Why butter? I have no idea. But you can actually look IWM can robot butter truck and then it will pop up. What does this mean for the three and a half million Americans who drive a truck for a living? Or the 7 million Americans who work in truck stops, motels and diners that rely upon the truckers getting out and having a meal every day of despair? [14:23:23] These are the forces that are tearing our country apart. Many Americans feel themselves getting left behind and pushed to the sidelines. Corporate profits are at record highs today, also at record highs. United States of America, stress, financial insecurity. How many other college students? I sense many of you. Student loan debt, record highs, not normal. Even suicides and drug overdoses and unfortunately, New Hampshire is one of the epicenters of the opiate epidemic in the country. But eight Americans are dying of drugs every hour in this country right now. So these are the things that people are experiencing on the ground. And it's only going to accelerate as artificial intelligence leaves the lab and starts hitting the economy in earnest. This is not just a blue collar problem. [14:24:11] Artificial intelligence will be able to do the work of bookkeepers, accountants, radiologists, even attorneys. Right now, software can edit a contract more quickly and error free and certainly inexpensively than the most experienced human lawyer. We're in the midst of this economic transformation and for whatever reason, we're scope scapegoating immigrants within the things that immigrants have next to nothing to do with. [14:24:35] So my first move was still not to run for president because I'm not a crazy person. I went to Washington, D.C. and I sat down with our leaders and I said, what are we going to do to help our people manage this transition? What do you think the folks in D.C. said to me when I said, what are we going to do? [14:24:51] They're going to pitch Trump. We don't know nothing. [14:24:55] The three answers I got most frequently were number one. Andrew, we cannot talk about this. Someone suggested Americans wouldn't understand it anyway. Number two, we should study this further. Number three, we must educate and retrain all Americans for the jobs of the future. Which sounds very responsible. Haven't you heard a politician say something like that at some point? Now we all have. Well, then I said, look, I checked the studies. [14:25:21] Do you all want to guess how effective the government funded retraining programs were for the manufacturing workers who lost their jobs 15 percent on anchoring you lower? Because it is low. Zero to 15 percent success rates. Total dud. And when I said this to the folks in D.C., one of them said, well, I guess we'll get better at it. The truth is that the folks in D.C. will do well, whether we do well or not. The feedback mechanism is broken. It's one reason why Donald Trump is our president today. [14:25:50] And one person in DC leveled with me and said something that brought me here to you all. He said, Andrew. During the wrong town. No one here will do anything about this, because Washington, D.C. is fundamentally a town of followers, not leaders. And the only way we will do something about this is if you were to create a wave in other parts of the country and bring that wave crashing down in our heads. That was over two years ago. [14:26:13] I said I will be back with the waves. I accept that challenge. And I stand before you today. I'm fifth in the polls to be the nominee of the Democratic Party. We bring ten million dollars last quarter in increments of only 30 dollars each. So my fans are almost as she does birdies and that 10 million, zero corporate PAC money, all people powered all the grass roots. We just announced today that we're going to do better than that in this coming quarter. We are growing while other campaigns are shrinking because we are solving the actual problems. [14:26:49] I got Donald Trump elected and we have real solutions that would help move the country forward. So what are the solutions? If you're here today and I appreciate you braving the elements and saying I'm going to go see Andrew Yang, even though it's yucky, is it's pretty gross out even. You know, I mean, I grew up in New Hampshire, too. So if you were here today, at some point you heard that this guy wants to give every American a thousand dollars a month. Remember the first time you heard that? [14:27:16] The first time you heard that you were like, ha, ha, that's a gimmick. That's too good to be true. That will never happen. But this is not my idea. It's not a new idea. Thomas Paine was born at the founding of the country. He called it the citizen's dividend. Martin Luther King fought for it in the 1960s, called it the guaranteed minimum income for all Americans. And it is what he was fighting for when he was assassinated in 1968. I had the privilege of sitting with Dr. King's son in Atlanta, Martin Luther King, the third who said, this is what my father was fighting for when he was killed. A thousand economists endorsed it in the 60s. It passed the U.S. House of Representatives twice in 71 under Richard Nixon. [14:27:57] It's called the Family Assistance Plan, which has an income floor for all Americans. And then eleven years later, one state passed a dividend where now everyone in that state gets between one and two thousand dollars a year. No questions asked. And what state is that? New Hampshire. How does Alaska pay for it? And what is the oil of the 21st century technology? A software of self-driving cars and trucks. A study just came out that said that our data is now worth more than oil. How many of you saw that study? How many of you got your data check in the mail? We laugh, but where did the data checks go? Facebook, Amazon, Google, the mega tech companies that are paying zero or near-zero in taxes. That is the game. New Hampshire. Our communities are getting sucked dry and depleted. [14:28:45] We're looking around wondering where the value went. And the biggest winners in the 21st century economy are paying zero in taxes. Well, we have to do is we have to get our fair share. Your fair share. Make sure Amazon is trillion dollar tech company actually is paying taxes. And equally important, we have to put that value into our hands. Into your hands, the hands of the American people. Build a trickle up economy from our people, our families and our communities up. [14:29:12] Because if we put this thousand dollars a month into your hands, where will the money go in real life? I'm going to guess a lot of it's going to stay right here in Nashua, New Hampshire. Right. It's good for the Chamber of Commerce when a business here and be like, well, I think people might be patronizing my business a little more often, but the money would go into car repairs you been putting off and daycare expenses and little league sign ups and local nonprofits and religious organizations. It would create a sustainable path for rural parts of the state that right now are struggling to find it. [14:29:46] It would make our people stronger, healthier, mentally healthier, less stressed out for the students who are laboring under tens of thousands of dollars in student loan debt. It would help to clear that debt. I want to do more to clear that debt independent. I'm giving you a thousand bucks a month because at one point, six trillion is out of control and it's immoral the way it was generated. This thousand dollars a month would help us manage the greatest economic transformation in our country's history. I am friendly with some of the leading technologists in the country. [14:30:15] They tell me, Hey, Andrew, I've seen what's in the lab. And when it comes out, it's going to be. A bigger problem than anyone realizes. You know how that conversation never goes. Andrew, I've seen what's in the lab and everything will be fine. That's not the end of that thought. The more someone known as, the more concerned they are. The folks in DC are decades behind the curve on technology in particular. They got rid of the Office of Technology Assessment in 1995. Congress has literally had zero input on technology issues for 24 years. [14:30:50] Aside from the tech companies themselves, and you can guess what the tech companies have been telling them. So these are the changes that we have to make to rewrite the rules of the 21st century economy. To work for us. To work for you. If you are a young person, you feel like it's not working for you. You're right. It is not working for you. If you were born in the 1940s, the United States of America, there was a ninety three percent chance you're going to do better than your parents. That's the American dream. [14:31:15] That's the American dream that drew my parents here. If you were born in the 1990s, which is some of you, you're down into a 50 50 shot and the numbers declining quick. That's why young people in particular feel like we've left you an economy that doesn't work for you. A mess in addition to climate change. And we have. If you were a young person and you feel distressed or angry about it, I get it. We owe you better. We have to do better for you. We have to start measuring how our economy is doing based upon how you all are doing to see how it's working again. Corporate profits at record highs while our life expectancy is declining, which is more important. Yes, I agree. [14:32:00] And if you think about how we're measuring the value that we're producing, my wife is at home with our two young boys, one of whom is autistic. What is her work included out in our economic measures? Zero. And we know that's nonsense. We know the work she's doing is among the most challenging and important work that anyone does. It's not just her work. The things that we value most are progressively getting zeroed out in American life. It's parenting. Yes, nurturing, caregiving, volunteering, mentoring, coaching, increasingly arts, increasingly journalism. [14:32:38] And our market is going to systematically undervalue the work done by women and underrepresented minorities in particular. We all knew that. We know that women do more of the unrecognized, uncompensated work in our society every single day. So by properly measuring our progress, we can actually see the depth of the problems and then start working to improve on them. So if GDP is this bad to measurement that has less and less relationship with how we're doing and even its inventors had one hundred years ago, this is a terrible measurement of national well-being. We should never use it as that. What would a measurement that actually measure is how you and your family are doing look like? Like what would that measurement be? [14:33:24] Quality of life. Yeah, you could. You can do something about civic engagement. How about mental health and freedom from substance abuse? [14:33:35] How about health? The life expectancy? Ability to retire with dignity, clean air and clean water. We can actually make these the measurements of our society. And as your president. That's exactly what I'll do. I'll say GDP is one hundred years old. It's time for an upgrade. It's past overdue. And here's how we will measure our progress now. [14:33:58] And then we would see we're in a mental health crisis. We would see we're in a wellness recession. We would see that our environment is getting worse and worse and is not included in our current numbers. How many of you all have run a business organization or department or division? Imagine if you had the wrong measurements for that organization. How to do over? [14:34:21] That is where we are right now as a country. [14:34:23] We're getting beaten over the head with GDP headline unemployment and stock market prices and none of those things has much of a relationship with how we're actually doing GDP. I talked about a little bit. Stock market prices. The bottom 80 percent of Americans own 8 percent of stock market wealth. [14:34:38] The bottom 50 percent own essentially zero. Stock market prices correspond to the top 20 percent of society. [14:34:44] If you're generous and headline unemployment doesn't include the fact that millions are dropping out of the workforce, that people are doing two or three jobs to get by, and that 40 percent of recent college grads are doing a job that doesn't require a college degree. So we get the measurements right. We can actually make progress. Donald Trump said in 2016 he was going to make America great again. And what did Hillary Clinton say in response? [14:35:11] America's already great. Remember that? New Hampshire. It has been a long several years. [14:35:16] I know we have to acknowledge that the problems are real and that they are deep in our communities. But we need solutions that would actually help people and move us forward. What we're Donald Trump's solutions going to build a wall to turn the clock back and bring the old jobs back. New Hampshire, we have to do the opposite of these things. We have to turn the clock forward. We have to accelerate our economy and society as quickly as possible to rise the real challenges of this era. We have to evolve in the way we think about ourselves and our work and our value. And I am the ideal candidate for this job, because the opposite of Donald Trump is an Asian man who likes math very much national. [14:36:06] Make America think harder. That's right. That is your job and you're going to help us move the country. Not left, not right, but forward. Thank you very, very much. We're going to be celebrating New Year's Day. I can't wait. [14:36:23] Oh, thank you. So I had this letter and this was still on tonight. But you you hear me? I'll try to project. I'll use my own voice and everyone will write. So let's get a couple of questions. I want to start off and then we'll look to the audience, though, just as a prep for that. If you do have a question and you can use one like that's right there that Samantha is pointing to. And as you get up to ask your question, if you please state your name and if you are with an organization or business, that as well, do you ask a question? [14:36:55] So let me start. So you talk to me about jobs going away because of article and artificial intelligence and different kinds of automation and things like that. But here in New Hampshire, we're actually seeing the opposite of that. We have thousands of jobs left unfilled right now because employers can't find sufficient skilled workers to fill those jobs. How does your economic plan education or taxes for those? How do those policies help business owners right now can't be as successful as they could be because they don't have the people jobs. [14:37:33] Yeah, a lot of it does revolve around education, and many of the employers that are looking for workers are trying to find skilled technical workers, tradespeople. We have a massive national shortage of tower climbers and each fact repair people and people that actually work on the guts of our infrastructure. There are other types of needs and gaps, too. But I'm going to talk about these technical jobs because I think it's just such a massive opportunity. [14:38:00] Only 6 percent of American high school students are in technical or trade. Or apprenticeship programs right now in Germany. [14:38:07] That's fifty nine percent. [14:38:08] Think about that goal. [14:38:10] And we are lagging behind because many employers are looking around saying, I need someone with this sort of training. So we have to get that six person up as quickly as possible. And this has the added benefit of being able to say to our young people, a college is not the end all be all for everyone. Only 33 percent of Americans will graduate from college. And again, we made it more and more expensive. Well, we have to do is create paths forward for different students in different areas and lead them to the opportunities that need to be filled in many, many communities. [14:38:40] I'll also suggest that a lot of the people that are looking to hire, too, would like the headline unemployment rate. It really does obscure a lot of weakness that I see when I talk to folks here in New Hampshire, because if you're doing multiple jobs to make ends meet, you count as employed. If you're underemployed, you count as employed. And if you leave the workforce and stop looking because of a health problem where you're taking care of a relative, you don't get included in that number. So there's a lot of weakness that's being obscured in our communities because we're using a measurement that's way out of date and misleading. [14:39:15] Thank you. I wanted to follow up also on your freedom dividend plan. So last month, do it. That's pretty good to a lot of people. So I did a little bit of simple math. I will admit upfront political science, major math is not necessarily my starting point. Different math with that math. But there are a little over two hundred nine million Americans who would qualify for that at twelve thousand dollars a year, meaning over 2.5 trillion dollars a year to fund that. How does the math actually work that you can tax whatever corporations you want to test come up with that additional revenue every year? [14:39:58] All right. I'm so glad you asked. I love it so much. [14:40:04] So first you have to look at who the biggest winners are going to be if you have Amazon, Google, Facebook systematically paying zero or near-zero in taxes. Then, of course, you going to have problems affording things. But if you put a mechanism in place where we all get even the tiniest slice, our fair share of every Amazon sale, every Google search, every Facebook ad, eventually every robot truck mile and a I work unit generates eight hundred billion dollars a year with a giant up arrow attached to it. So that number is going to shoot up now. A hundred billions, not two point four trillion. As you suggest. [14:40:38] But after you put that no amount of money into our hands, the money doesn't disappear. It circulates through our community and our businesses over and over again, ends up increasing tax revenue by conservatively, let's call it, 600 billion or so. Then here's where the magic comes in. You see an additional hundreds of billions on things like incarceration, homelessness services, emergency room, health care that we spend almost a trillion on now. And it was right here in New Hampshire where our corrections officers had said this to me. He said we should pay people to stay out of jail because he sees how expensive it is when they're in jail. This is what happens in our society. [14:41:18] We don't invest in people that we end up paying in much more expensive and punitive ways when they hit our institutions, because we know our institutions are incredibly expensive. And the last piece, the best piece is that one study showed that if you were to alleviate poverty in this way, you would increase our GDP by 700 billion dollars a year just on the basis of better health and educational outcomes of our people. This is a massive investment in human capital. And this doesn't even take into account the catalyst for entrepreneurship and creativity and value creation that would ensue when having a population that can actually afford to take some risks and not feeling like if they fail, then it's going to mean the difference between having a home and the. [14:42:05] One more. I'm not going to tell you guys. You've had a chance to ask, but, you know, in essence, right now you're with the American people for a very important job. [14:42:15] The leadership position, the CEO feels that someone who was hired many and perhaps fired unless you have advice to the American people as they compare and consider all of the candidates. So what should they do as they check off your qualifications and those of others to make sure they make the right choices? [14:42:38] I love this question so much. I've never gonna do. I love it. [14:42:41] That's true. The chamber. [14:42:50] To me, the most important thing about who we choose as our president is whether they understand the real problems on the ground as we're experiencing them. And that can actually bring solutions to bear to solve them and improve our way of life. I'm going to suggest to you all that technology is the driving force behind many changes in our economy and society. And then most of the other figures in this race, whom I like it, admire a great deal. [14:43:13] And I consider many of the friends, but many of them do not understand technology very well. And they also do not understand technology's intersection with the labor force. Very well at all that if we have the wrong person in that seat, we're going to have another four years of your mall's closing of A.I., getting smarter of the robot trucks starting to multiply in the highways. And that as this continues, it's going to get harder and harder for us to actually put in place a path that lets Americans know that we are not going to be left behind, that we're actually the owners and shareholders of this country and not inputs into a giant capital efficiency machine. [14:43:58] If you don't understand the real problems, you're not going to be able solve them. I believe I have a much clearer understanding of what lies ahead for this country. [14:44:06] Shipped to all of you now. So I feel like yelling questions so we can get your feelings with the business or let us know that as well. [14:44:22] Little branching out with me to the president education co-op. I should go on to the. They're guaranteed in numerous cases and from some of the techniques that the rationale for that obviously is to do with the dislocation that will come from increase in the eye and robotics and automation. But there is an equally strong justification for it. In my view, I wonder if you have time or you just definitely suffered the almighty scientist. [14:45:03] She's come up with a scary statistic because of the exponential rise in the autism. And she's just claims that within 10 years, every other family will be dealing with a child in the optic. This will take a terrific amount of resources to apply for homeowners who typically caretakers in the home that are should and looks spoken to some limitations. But if you come in on this, is it possible other justification and rationale for. [14:45:36] Freedom Dividend, which I like to call detective. Thank you for this question. These are the best questions I received in quite some time. I have a son on the autism spectrum and what I say to families around the country is that special needs is the new normal. Certainly I have not seen a study that suggests it's going to get up to 50 percent, but it's already normal and many millions of families all around the country. And the big problem here is that you have a special needs child like my son who shows up at school and the school says, I don't have the resources available to actually do what this child needs and requires because I have one teacher for my kids and I'll have a budget for this. [14:46:17] And so that child ends up falling through the cracks. The family has to scramble their massive problems. But it's in large part because, again, we're confusing economic value and human value. We're saying that this kid needs more and thus is a burden on the community. Instead of seeing it the way we should be, which is that our kids well-being is the point of the economy, we should use that as a measuring stick, which incidentally means you pay teachers more. You hire more teachers. You lighten up on the standardized tests that we devised during World War Two as a means to identify which kids not to send to the front lines. Now we're just bludgeoning our kids with them, then distorting teacher behavior. [14:46:56] You stop treating your schools like assembly lines and start actually trying to put the resource in place to give our kids what they need. If you change it from this cost model to this investment model, then you see that this is the future of the 21st century economy making ourselves stronger, healthier and more hold. And if we don't evolve in that direction as quickly as possible, then you are correct that many communities will feel themselves to be overwhelmed by the cost of supporting many special needs children who, quite frankly, are going to grow to become special needs adults. And if we don't start changing the measuring stick, then we're going to see these people as again, cost centers and burdens instead of being owners and parts of our families. [14:47:41] So thank you for the question. Thank you. [14:47:50] Hello. Guy fun except with you. Tell him to review round up in Massachusetts, speaking about make it back in Carragher. It is a national science driver program. Do the population economically and inspire the population? But we have a couple of major problems to solve first. Number one, you were talking about your fence went down to Wall Street where the derivatives and stuff. Since 2000. The big, big banks are much bigger and about to blow out. The Federal Reserve has been giving them a hundred million dollars a day since September, which means we're close to a very big global blowout again. [14:48:40] Can we have each. 2 1 7 6 in the house? Everyone should be calling their reps and demand and becomes law. And last one is we have to get back to economic sovereignty. In other words, we don't need a independant private entity controlling our economy, growing over 20 trillion dollars in debt. So we have to come back and do away with dreadful reserve and fixed currency and get back to the banking system. [14:49:12] And this was a very profound question to some people when they come to an event. [14:49:20] One of the thoughts is what Tracy originally asked is like, where do we get the money to do what we need to do? [14:49:26] How many of you here remember voting for the four trillion dollar bailout of Wall Street? How many of you remember anyone saying where we're going to get the money? That's what he's talking about, his printing of hundreds of millions of dollars a day to shore up the balance sheets of our banks. No one voted for that. No one you know, no one said, yeah, let's do that instead of bailing out homeowners. I mean, to me, you're the obvious choice was to bail out homeowners and keep people in their homes, keep communities whole. [14:49:53] But instead, we chose to recapitalize the banks. And that is an emblem of the choices we're making in this country. Everything revolves around the almighty dollar of our institutions, and we don't trust our people in the least. We have to choose our people. And to your point about what we've done in terms of recapping Wall Street and privileging them, you're right. The banks are now bigger than ever. They're absorbing more and more of the financial activity. Community banks and places like New Hampshire are a thing of the past. If you're old enough, you remember being here. [14:50:20] You remember there were community banks here that like the gobbled up by Bank of America and the giving. So this is what we have to again counteract. We have to choose our people instead of the banks. And we do have to stop bailing out Wall Street and letting them run and own our economy in this way. So thank you for the question. We'll just you one sentence, Pastor. [14:50:44] If you look at what to Mr.. [14:50:53] Thanks for coming, my name is Joe, I'm a college student from Worcester, Mass. My question today is, is that based on the dividend that you're talking about now. Of course, anywhere you want to do it. Putting taxes on companies such as Amazon, Facebook and the like. But my question is, how can you prevent these companies from outsourcing themselves and to other countries to avoid such tax removal of such tax breaks? [14:51:17] Sure. So this is based upon a system that's in effect in just about every other developed country. And it occurs on the point of sale. We're the number one market in the country. So it or the world. So even if Amazon were to shift some of its offices to other places, they're paying another the point of sales so they pay it no matter what. [14:51:33] This is what other countries have figured out. Other countries have said that having the Amazons of the world Pizarro taxes is untenable and it's worked everywhere. Also would work here, too, because you're right. Companies will do anything necessary to try and save money. But this is because it's a point of sale. It's very, very hard to escape. It's impossible to escape, actually. The comparable comparison I use is that Jeff Bezos right now is worth about one hundred nine billion dollars. [14:51:56] Post divorce. If you were to ratchet up the tax rate, let's say, to 75 percent, 80 percent. How much of this hundred nine billion dollars do you get next to nothing because you're not dumb enough to pay itself by a billion a year? No. He pays himself something modest and then most of his wealth is tied up in Amazon stock. So what you do is like Willie Sutton, the bank robber, why did he robbed the banks? Because that's where the money is. The money is flowing at Amazon. So you take it out. [14:52:21] The point of sale there, then you get billions from his business. And then when Jeff takes a billion dollars out of his stock every year to buy rocket ships to Mars, which is what he does with his money, then you take a toll there to you make it so that you get it coming and going and then it ends up in our hands to make our families communities stronger. But because it's at the point of sale, it doesn't matter where they base their operations. [14:52:44] Thank you. Thanks, man. [14:52:48] Like when it is, Kurt. I'm a campaign supporter from Massachusetts. [14:52:51] I can tell by the story. Thank you, Kurt. I'm going to head to Iowa also for. [14:52:55] Yes. Oh, you can stay here in New Hampshire. Either way, I mean, no. You know, Iowa then. Come on over. [14:53:01] So it might be time to put some minds at ease about healthcare. This is Medicare for all. It's become this sort of political football. It's a almost a branded phrase at this point. To what extent are you anchored specifically and explicitly to Medicare for all as it's written as a phrase? And to what extent would universal health care be a more useful phrase? [14:53:24] Where has that occurred? I mean, Medicare for all is universal health care for all Americans. It's on the name of a bill. It's a name for trying to get every American healthcare independent of their works, that is, or whether or not they can go forward and certain levels of premiums. [14:53:40] Now, I'm not someone who thinks you can uproot private insurance plans quickly because you're talking about millions of Americans on these plans. In some cases, they actually negotiated a way higher salaries for the plans. So somehow legislating those out of existence very quickly seems to me to be unduly impractical, as large, disruptive. [14:54:03] So the plan to me should be for the government to provide a public coverage option that then out competes the private insurers and squeezing them out over time. Now, to your point, Kurt, it is true of Medicare for all means certain things to certain people. And you're probably right that universal healthcare would be a better way to frame it. [14:54:27] I make Americans think harder. I would challenge you to think harder to look for chess moves that may reduce the size of government and make it a free country. Such as if a state legislature says no more zoning restrictions in every city and town immediately, there will be an abundance of new jobs and demolition and construction. [14:54:50] And with the glut of housing of the meeting, the modern code, that would immediately be landlords scrambling to find tenants. But half the rents that they're paying now, more people waiting at each less stop. They would be the bus companies that extend their employees and their goods. And people wouldn't have to pay for a parking lot when they don't even have a car. [14:55:12] This man strikes me as so. And it was you know, it wasn't him to wait for. [14:55:15] My name is Tom Ellis here. I used to be a state rep here briefly many years. I know you from here in New Hampshire. [14:55:20] I live in Hudson, New Hampshire now because I was going to comment that you sounded and felt so New Hampshire to me in their response like this, you know, libertarian element to this idea. And I'm sympathetic toward many aspects of it. We do have to lighten up on some of the restrictions on development. A lot of the restrictions are NIMBYism. We're just saying, like, not my backyard. Affordable housing is good in the abstract, but not here, because, you know, I don't want it to depress my. [14:55:47] My home is values and big picture in terms of the federal government. Donald Trump said he wants to drain the swamp. In many ways, he was not wrong again as the richest city in our country. And what are they producing? Unclear. So he said he wanted to drain the swamp. I want to distribute the swamp. Why would you have tens of thousands of employees and buildings in the most expensive city in the country? [14:56:15] You should be moving those agencies to Ohio or Michigan or New Hampshire or Florida or a place that would actually love to have that economic activity. The cost would be much lower because everything is cheaper in these places. And I would argue the decisions would be better because they would actually be tied to our communities and make decisions not from the bubble of D.C., but from an actual place where other people are working and living relatively normal lives. So I'm sympathetic to much of what you're describing. And I do think that zoning regs are standing in the way of a lot of the affordable housing development that you're seeking. [14:56:54] I like his sweater to wear that. No, I'm sure, though. WW WW Dodge job. [14:56:59] Yang joins me now. Mr. Yang, I was at your Hannover Town Hall event about a month ago. [14:57:06] And just a quick disclaimer, this gives you a little bit long, but I'll get this as short as possible because this is the best way that I can get my message out to people. But and I think this would encapsulate what we're kind of all thinking. So, Mr. Yang, there has not been a poll in an early state released in 47 days. Tom Perez, the chairman of the DNC, just rejected your request for the DNC to conduct and released more early state polls, essentially cutting off a vital pathway to the January debate. [14:57:36] On Perez's Twitter biography, he writes and I quote, likes the Buffalo Bills, the Democrats in fighting for the little guy, though not in that order. Well, apparently he doesn't like fighting for the little guy who is over 400000 donors, including some here right now in New Hampshire. Which would you look at? That is an early state. [14:57:55] So to the people in the room, we have a chance to raise Elizabeth Warren for the fourth quarter, and I'm going to look towards kind of the biggest camera in the room. Plus, if there is someone from the DNC watching. [14:58:12] Oh, shoot. [14:58:14] If there's someone from the DNC watching, look at the crowd. We've crammed over one hundred people into a room built for 30. There are people watching from out the door. [14:58:25] The people is my points. I cannot even vote in the 2020 general election. But I'm the most passionate of this and I have let anything happen in a long time. Hold on a minute. Hi, I'm in. [14:58:48] So, Tom Perez, fight for the little guy, play for all the little guys in this room, fight for the American people, all the people, all the people. It seems like we're not going to get much help in this process. So to the people over 18 years old, keep phone banking, keep canvasing, keep young people, keep making America think harder because we all know it's not left. It's not right. It's forward. And I'm a part of the gang gang because I'm scared of the future in America and in my age group. I'm not alone. [14:59:16] So, Mr. Gang, do you have any thoughts on the issue of. [14:59:25] Are you're making me feel better about the future? Al is just by being so passionate and I think. [14:59:34] Leadership on your part? I believe we're going to get the polls we need in the right time frame and I'll be on that debate stage in January. What is the number one criteria for Democratic voters for the nominee beating Donald Trump? That's right. [14:59:50] And a poll right here in New Hampshire said that 10 percent of Donald Trump voters would support me over Donald Trump in the general election. Another poll said that 18 percent of college Republicans would choose me over Trump, unlike any of the other candidates in the field. [15:00:05] I am drawing in disaffected Trump voters, libertarians and independents, as well as Democrats and progressives. I am the best candidate to take Donald Trump on and beat him. That's why as soon as they poll New Hampshire and Iowa, we'll see that we're well above the DNC threshold. And I will say, I'm very confident we're going to make the debate stage. We've actually offered to the DNC to pay for the polls because they were complaining of our cost and those like we'll pay for it. [15:00:33] So we'll make that debate stage in January. But more importantly, this campaign is going to keep growing and growing because we are talking about the issues that Americans care about and the problems that we see around us every day. Really, this man, you really are an inspiration to me. Like, thank you so much. And he's also a poster child for the reason why I believe we should lower the voting age to 16. Yes. [15:00:59] You heard me out there, some of you were like, that seems aggressive, but 16 year olds can pay taxes. If you had 16 year olds being able to vote, it would transform every high school in the country into a political hotbed instead of with us, you know, instead of something like, oh, we don't talk about it, no one, you can actually vote. [15:01:17] Studies have shown that the earlier your first vote is the more likely you are to vote throughout your life. And frankly, you're going to be here longer. You should have a say in what's going up. The main counterargument to this is that 16 year olds are too immature and ill informed to vote. And I think Alice does prove that to be nonsense. Am I right? [15:01:37] Everyone is waiting for you. Less than one million dollars to the three million dollar career for fundraising goals, so people keep donating. We've got to make it like the playoffs as a passionate young person here in New Hampshire. |
Media Type: | Archived Unity File |