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Andrew Yang
Born (1975-01-13) January 13, 1975 (age 49)
EducationBrown University (BA)
Columbia University (JD)
Occupations
  • Attorney
  • Entrepreneur
Political partyDemocratic
Spouse
Evelyn Yang
(m. 2010)
Children2
AwardsWhite House Champion of Change (2012)
Presidential Ambassador of Global Entrepreneurship (2015)
Website
Signature

Andrew Yang (born January 13, 1975)[1] is an American 2020 Democratic presidential candidate, entrepreneur, attorney, and philanthropist. He is the founder of Venture for America (VFA), a nonprofit that focuses on creating jobs in struggling American cities. Yang worked in startups and early stage growth companies as a founder or executive from 2000 to 2009. After founding Venture for America in 2011, the Obama administration selected him in 2012 as a "Champion of Change" and in 2015 as a "Presidential Ambassador for Global Entrepreneurship".

On November 6, 2017, Yang launched his campaign for the Democratic nomination in the 2020 U.S. presidential election.[2] Once considered a long-shot candidate, he gained significant momentum in early 2019 following appearances on several popular shows and podcasts.[3][4][5] His signature policy is what he calls the "Freedom Dividend", a form of Universal Basic Income (UBI) for every American adult over 18. Yang believes UBI is a necessary response to the rapid development of automation, which is increasingly leading to workforce challenges.[6] He believes job displacement by automation is what led to the election of Donald Trump in 2016.[7] The other two central elements of his platform are Medicare for All and "human-centered capitalism".[8] Over 100 policy proposals have been listed on his campaign website.[9][10]

Early life and education

Yang was born in Schenectady, New York,[11] to immigrant parents from Taiwan.[12] His parents met while they were both in graduate school at the University of California, Berkeley.[13] His father graduated with a Ph.D. in physics and worked in the research labs of IBM and General Electric, generating over 69 patents in his career.[13] His mother graduated with a master's degree in statistics and later became an artist.

Yang described being bullied and called racial slurs by classmates while attending public school. "Perhaps as a result, I've always taken pride in relating to the underdog or little guy or gal," he wrote.[14] Yang later attended Phillips Exeter Academy, an elite boarding school in New Hampshire.[15] He graduated from Exeter in 1992 and went on to attend Brown University,[16] earning a Bachelor of Arts (BA) in economics.[17] Yang then attended Columbia Law School, earning a Juris Doctor (JD) in 1999.[17]

Career

After graduating from law school, Yang began his career as a corporate attorney at Davis Polk & Wardwell in New York City. He left the firm in 2000 to join his office mate in launching Stargiving.com, a website for celebrity-affiliated philanthropic fund-raising.[18][19] Stargiving.com raised some capital from investors but folded in 2001. Afterward, Yang joined a healthcare software startup, MMF Systems, Inc., as its Vice President and third hire.[citation needed]

Manhattan Prep

After working in the healthcare industry for four years, Yang left MMF Systems to join friend Zeke Vanderhoek at a small test preparation company, Manhattan Prep. In 2006 Vanderhoek asked Yang to take over as CEO. While he was CEO of Manhattan Prep, the company primarily provided GMAT test preparation. The company expanded from five to 69 locations and was acquired by Kaplan in December 2009. Yang resigned as the company's president in early 2012.[20][21][22]

Venture for America

Following the acquisition of Manhattan Prep in late 2009, Yang began to work on creating a new nonprofit fellowship program, Venture for America (VFA), which he founded in 2011 with the mission "to create economic opportunity in American cities by mobilizing the next generation of entrepreneurs and equipping them with the skills and resources they need to create jobs".[16][23][24][25]

VFA was launched with $200,000 and trained 40 graduates in 2012 and 69 in 2013, sending them to Baltimore, Cincinnati, Cleveland, Detroit, Las Vegas, New Orleans, Philadelphia, and Providence. VFA added Columbus, Miami, San Antonio and St. Louis in 2014, with a class of 106.[22][26]

VFA's strategy was to recruit the nation's top college graduates into a two-year fellowship program in which they would work for and apprentice at promising startups in developing cities across the United States. Yang's book Smart People Should Build Things argues that the top universities in the country cherry-pick the smartest kids out of small towns and funnel them into the same corporate jobs in the same big cities.[27] VFA's goal is to help distribute that talent around the country and incentivize entrepreneurship for economic growth.

After 2011 VFA grew, reaching a $6 million annual operating budget in 2017,[28] and operating in about 20 U.S. cities, adding Kansas City, Atlanta, Baltimore, Birmingham, Charlotte, Cleveland, Columbus, Denver, Miami, Nashville, Philadelphia, Pittsburgh, San Antonio, and St. Louis.[29] VFA began running a "startup accelerator" in Detroit and launched a seed fund and an investment fund for fellows.

Generation Startup, a documentary film about six startups in Detroit launched through the VFA program, was released in 2016. It was co-directed by Cynthia Wade and Cheryl Miller Houser.[30]

In March 2017 Yang stepped down from his position as CEO of VFA.[23]

2020 presidential campaign

Overview

On November 6, 2017, Yang filed with the Federal Election Commission (FEC) to run for President of the United States in 2020.[31] Initially considered a long shot, Yang's campaign gained significant momentum in February 2019 following an appearance on the popular podcast The Joe Rogan Experience.[3][4][5] He has since appeared on numerous other podcasts and shows, including The Breakfast Club,[32] The Ben Shapiro Show,[33] and Real Time with Bill Maher.[34] By March 2019 Yang's campaign had met the polling and fundraising thresholds to qualify for the first round of Democratic primary debates.[35][3][4][5] His campaign is known for its heavy reliance on Internet-based campaigning.[36][37][38][39] Yang's campaign supporters, known informally as the "Yang Gang", have brought attention to his campaign on Reddit, Facebook, Instagram, Twitter, and other social media platforms, through the use of memes and viral campaigning.[40][41]

Yang is at least the third American of East Asian descent to run for President of the United States, after Hiram Fong and Patsy Mink.[42][43]

Policies

Central to Yang's campaign is the proposal of a monthly $1,000 "Freedom Dividend" to all U.S. citizens over the age of 18 (a form of universal basic income) in response to worker displacement driven by technological automation.[44][45] Yang proposes a value-added tax to finance the dividend and to combat tax avoidance by large American corporations.[46][47] He argues that the problem of automation-driven job displacement is the main reason Donald Trump won the 2016 presidential election, stating that based on data, "There's a straight lineup between the adoption of industrial robots in a community and the movement towards Donald Trump."[7] Yang has said that he became an advocate of a universal basic income after reading American futurist Martin Ford's book Rise of the Robots: Technology and the Threat of a Jobless Future, which deals with the impact of automation and artificial intelligence on the job market and economy.[48] He believes Universal Basic Income is a more viable policy than job retraining programs, citing studies that job retraining of displaced manufacturing workers in the Midwest had success rates of 0–15%.[49] His campaign slogan is "Humanity First", which calls attention to his belief that automation of many key industries is one of the biggest threats facing the American workforce.[50] The other two central elements of Yang's platform are Medicare for All and "Human-Centered Capitalism."[8]

Over 100 policies are listed on Yang's campaign website.[9][10] He supports a carbon tax and bringing the United States back into the Paris Climate Agreement.[51] He supports legislation against discrimination based on sexual orientation and gender identity, and has pledged to appoint pro-choice judges.[52] A New York Times article about his campaign described various new policies Yang proposes, such as a department focused on regulating the addictive nature of media, a White House psychologist, making Election Day a national holiday, and, to stem corruption, increasing the salaries of federal regulators but limiting their private work after they leave public service.[53]

Fundraising

On March 11, 2019, Yang announced that he surpassed the fundraising threshold of 65,000 donors, qualifying him to participate in the first round of Democratic primary debates.[54] On June 28 he announced that he reached 130,000 donors, which met the fundraising criterion for the third round of debates.[55]

In the first quarter of 2019 Yang raised $1.7 million, of which more than $250,000 came from "the last four days of the quarter".[56] According to Yang's campaign, "the average donation was $17.92" and "99% of the donations were less than $200".[56] In the second quarter Yang raised $2.8 million.[57] The campaign stated that 99.6% "of its donors were small-dollar donors [who] gave less than $200".[57] On August 6, 2019, Yang's third-quarter fundraising reached $2 million.[58]

Democratic debates

As of June 28, 2019, Yang had received donations from more than 130,000 individual donors across at least 20 U.S. states, thereby meeting at least one of the requirements to be included in the first and second rounds of the debates for Democratic presidential primary candidates, as well as the donor requirement for the third and fourth rounds of debates.[59] The Democratic National Committee randomly determined that Yang would participate in the second night of the first debate, which took place in Miami on June 27.[60][61] During the first debate, Yang was asked only two questions and allowed to speak for two minutes and 56 seconds, the least time of any candidate.[62] He claimed that his microphone malfunctioned, initially suggesting to the debate moderators that technical difficulties might have occurred. An NBC spokesperson said, "At no point during the debate was any candidate's microphone turned off or muted",[63][64] but Yang and his supporters have provided video evidence they claim shows Yang speaking up but not being heard.[65]

During the second debate in Detroit on July 31, Yang answered questions on topics including civil rights, healthcare, immigration, party strategy, climate, and the economy.[66][67] He spoke for a total of 8.7 minutes, which was again the least of any candidate on either night.[68] He was the only second-night candidate who did not spend any time in "back-and-forths" with other candidates.[68] Yang drew attention for his decision to not wear a necktie in either debate.[69][70] In his closing statement, Yang called out the media and the debate format, saying:[71][72][73]

You know what the talking heads couldn't stop talking about after the last debate? It's not the fact that I'm somehow number four on the stage in national polling. It was the fact that I wasn't wearing a tie. Instead of talking about automation and our future, including the fact that we automated away 4 million manufacturing jobs, hundreds of thousands right here in Michigan, we're up here with makeup on our faces and our rehearsed attack lines, playing roles in this reality TV show. It's one reason why we elected a reality TV star as our president. We need to be laser-focused on solving the real challenges of today, like the fact that the most common jobs in America may not exist in a decade, or that most Americans cannot pay their bills.

On August 8, Yang received 2% support in the fourth qualifying poll, thus meeting both qualification criteria for the third debate, which will be held in Houston in September.[74]

Recognition

Andrew-Yang-Obama-Champion-Change
Yang meeting with President Barack Obama at the White House in 2012

In 2012, Yang was called a "Champion of Change" by the Obama White House.[24] In 2015, he was again acknowledged by the Obama White House as a "Presidential Ambassador for Global Entrepreneurship" (PAGE) alongside Daymond John, Brian Chesky, Steve Case, Tory Burch and several more.[75][76]

Personal life

As of 2018, Yang lives in New York City with his wife Evelyn and two sons.[53] He has spoken about his older son being autistic, saying, "I'm very proud of my son and anyone who has someone on the spectrum in their family feels the exact same way."[77]

Yang attends the Reformed Church of New Paltz with his family and has identified Mark E. Mast as their pastor.[78][79] He identifies as spiritual but not religious.[80]

Filmography

Year Title Notes
2019 The Joe Rogan Experience Joe Rogan Experience #1245 - Andrew Yang
The Breakfast Club Andrew Yang Talks Universal Basic Income, Benefiting From Tech, His Run For President + More
The Ben Shapiro Show The Ben Shapiro Show Sunday Special Ep. 45
Freakonomics Why Is This Man Running for President? (Ep. 362)
H3 Podcast Andrew Yang - H3 Podcast #132

Publications

  • Smart People Should Build Things: How to Restore Our Culture of Achievement, Build a Path for Entrepreneurs, and Create New Jobs in America. 2014. ISBN 0062292048.[81]
  • The War on Normal People: The Truth About America's Disappearing Jobs and Why Universal Basic Income Is Our Future. 2018. ISBN 0316414247.[82]

See also

References

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External links