Ana REACTS To Trump Giving Universal Basic Income

>>Universal basic income was a topic of discussion
quite a bit during the Democratic primaries. And it was because a Democratic candidate,
Andrew Yang, kept bringing up the necessity of $1,000 a month for every American. Just so they can have some economic stability. Now, whether you agree with that proposal
or not, keep in mind that now there are Republican lawmakers who are pushing for universal basic
income. We’re about to have a discussion about whether
or not it makes sense in this economic fallout due to the coronavirus. Now, according to The Washington Post, a growing
number of conservatives are voicing concerns about the Trump administration’s proposed
payroll tax cut. With two lawmakers specifically, these are
Republicans, Senators Mitt Romney and Tom Cotton. Calling for the federal government to instead
send checks to Americans across the country. In fact, in one Medium post, Tom Cotton wrote
the following. Let’s cut out employers as the middle men
and get relief to people not in weeks, but in days. We should send relief directly to American
families most likely to be in need. Those in the bottom and middle tax brackets. To pay for rent, groceries, childcare, and
other necessary expenses. As well as to spend at local businesses that
are hurting during this crisis. So Tom Cotton also talked about this on Fox
News. Let’s take a quick look at that video>>Most of the measures in this bill are something
that the senators will support, I believe. Such as, for instance, waiving co-pays for
testing, or ensuring that states have adequate resources. But we worry that the bill is setting up a
new and complicated system relying on businesses giving paid sick leave. And then getting a refundable tax credit. That won’t move quickly enough, and could
put pressure on those businesses to lay workers off. We don’t wanna see layoffs. We wanna see people who are at home, if they
have any reason to be at home, supported immediately. This is an emergency measure that only needs
to last for a few weeks if we all take the prudent steps necessary. That’s why I think we wanna use systems like,
say, Treasury refunds to anyone who paid taxes in 2018. Or unemployment system or other social welfare
agencies that are set up to quickly get cash into the hands of affected workers and their
families.>>So I’m in favor of directly helping US
workers. As opposed to immediately thinking about ways
to bail out the airline industries, and all that. We’re seeing a lot of that from the Trump
administration. But Nando, I’m gonna go to you first, what
are your thoughts on this? And do you think that this is gonna hurt Democrats? Because the people voicing support for this
loudly are Republicans.>>Well, yeah, I mean, it’s the obvious, immediate
move, is to just get cash in the hands of people. I mean, I don’t know that we’ve all kind of
internalized just how serious this situation is, it’s literally unprecedented. All economic activity is gonna stop, or the
vast majority of it. We haven’t seen anything like this ever, really. So getting cash in the hands of people now
is the obvious right move. I mean, and it’s fairly easy for the federal
government to do. They can send checks through the Social Security
Administration, or however. There’s millions of ways for them to do it. I mean, I think the key with any UBI proposal
is whether it’s coupled with something like a rent moratorium and things like that. And a mortgage moratorium and a student loan
moratorium. Because if you just give people $1,000 and
then that money just goes straight to rent. And that money then goes to landlords, as
you said. The biggest landlords in this country right
now are BlackRock and Blackstone, these giant financial firms. So if you don’t want it to be just a huge
transfer to these companies, you couple it with rent moratorium, mortgage moratorium,
student loan moratorium. All these things so that this money goes to
living your life, feeding your family. The basic necessities of life, that’s what
it needs to go, and it’s the obvious move. And the fact that Democrats are resisting
it or not really embracing it. I mean, some are, I mean, Ilhan Omar is putting
out her own proposal, and things like that. But it’s the obvious move and it’s urgent,
they should do this immediately.>>Yes-
>>So real quick, Francesca, hold that thought. Because I wanna go to this quick video of
Steve Mnuchin. He addressed the notion of UBI in the midst
of this whole pandemic. And a surprising statement from him, let’s
take a look.>>President and I worked on a very significant
economic stimulus plan. We look forward to having bipartisan support. We’re now working with the Senate to pass
this legislation very quickly. And these will be payments to small businesses. We’ve also talked about a stimulus package
to the American worker. You can think of this as something like business
interruption payments for the American workers.>>When you say a stimulus package for American
workers, do you mean direct payments to Americans? Or are you talking about a payroll tax holiday?>>Although the president likes the idea of
the payroll tax holiday, I will tell you what we’ve heard from many people. And the president has said we can consider
this. The payroll tax holiday would get people money
over the next six to eight months. We’re looking at sending checks to Americans
immediately. And what we’ve heard from hard-working Americans,
many companies have now shut down, whether it’s bars or restaurants. Americans need cash now, and the president
wants to get cash now. And I mean now, in the next two weeks.>>How much?>>I will be previewing that with the Republicans. There’s some numbers out there.>>It really does take the possibility of
Trump not getting reelected for the Trump administration to consider helping the average
American worker.>>Yeah, I mean, well, you just look at that
whole scene. And you’re like, man, this crisis couldn’t
have happened to a worse group of people, this gaggle of idiots. It’s like me being like, all right, cat, just
like asking my cat to land a plane, I don’t know. Or look at them, they’re all so unprepared. And they’re unprepared when it comes to the
economy, they are. And let me just say about Tom Cotton, man. If Tom Cotton tomorrow says he likes chocolate,
stop eating chocolate immediately. Whatever Tom Cotton wants, do the exact opposite. There’s something in the chocolate, all right? I’m serious, Tom Cotton is living on the wrong
side of history. He was born on the wrong side of history,
okay? The whole thing, and this is the thing that
annoys me the most. UBI, absolutely, and coupled with a stronger
social safety net, like people like Warren and Sanders have proposed, is fine. UBI without any social safety net is absolutely
a right-wing dream come true. Milton Friedman, the grandfather of neoliberal
economics, wanted UBI too, why? Because it’s basically just a payoff of American
workers to get them off your back. And notice how right now we are cutting food
stamps. Food stamps have been cut, suddenly we wanna
give $1,000, or whatever it is, to people. No, why don’t you just expand food stamps,
and then we’ll all get on it. Put that money into a food stamp program so
people who are not on it suddenly get $1,000 at Costco, or wherever it is, why not do that? But it is a non-structural workaround in order
to bide time.>>Yeah, Richard Wolff talks about this a
lot, actually. Because I agree, if you have this comprehensive
economic reform, where you really do have a robust social safety net. You have affordable housing, you have the
ability to put food on the table for your kids. And then on top of that, you have this universal
basic income. Cool, but Richard Wolff talks about how, in
a capitalistic society, especially late-stage capitalism. UBI is often thought of as a way to do the
bare minimum to prevent a working-class uprising.>>No, absolutely, I mean, all those things
are 100% true. I think the nature of this crisis, in which
all economic activity is halting, it’s not because of there’s a financial crisis. It’s that you literally cannot go to a store,
you can’t go to work. It’s a very specific kind of crisis in which
something needs to be done. Obviously, it needs to be coupled with all
kinds of payment moratoriums so that costs for the average person go down. But you need to sort of keep people afloat
somehow in the immediate term. And this sort of checks to American families
is the most immediate way to do it in the short term, but that’s the problem with UBI.>>I’m like, they can’t even get testing out. In two weeks, are we also gonna get a test
for COVID-19?>>Well, hopefully, but they can’t send checks.>>Does it come with $1,000 on top?>>Well, they send Social Security checks
to people every month. They could expand that easily to anyone. But the other thing is what you’re talking
about, like cutting food stamps and all that stuff. The problem with something like the payroll
tax holiday, which again, like they mentioned, goes into effect six to eight months. If you cut the payroll tax, that’s what funds
Social Security. And what they’re lining up to do is cut the
payroll tax, defund the Social Security trust fund. And then couple years from now when we’re
more or less recovered->>I’m really glad-
>>And then they’re gonna be like, Social Security, gotta cut it, gotta cut it.>>I’m so glad you mentioned that, because
I don’t think that gets talked about in the press enough. Because what the Trump administration has
been attempting to do. Is exploit this pandemic to accomplish certain
gross agenda items that they’ve been trying to accomplish for a while, including gutting
Social Security.>>Yeah, it’s the Naomi Klein shock doctrine
playing out, right before our eyes. Make a crisis-
>>It sounds good, you’re like, payroll taxes, yeah, yeah, we won’t have to pay those, right? Wait a minute.>>No, no, no, we need those, and again, poor
people don’t really pay a payroll tax. The poorest Americans don’t pay the payroll
tax, just flat out.>>Right, and I do wanna mention, it is important
to differentiate between, all right, things are functioning as they typically do. And now we’re having just a debate about whether
universal basic income makes sense. Totally agree with you guys that unless you
have a robust social safety net, it doesn’t make sense. It’s just a way of keeping working people
off the government’s back. But in this pandemic, I do worry, because
my husband can’t work. He’s a bartender, he’s got no work.>>I mean, I guess what I think is that there
has to be a way to actually utilize whether it’s specifically working with the restaurant
industry to help those bartenders. Or friends of mine who are waiters or caterers
or all that, domestic workers. I myself am a comic, no comedians are doing
shows right now, and not that we get paid much money. But is there a way to work within existing
industries, rather than sort of just cutting this check, which is so shortsighted and short
term?>>Well, the industries are stopped. That’s the problem, is that there is no activity,
like you said. So going through the businesses, it really
is just like they’re gonna take their cut.>>But is it offering like restaurants a tax
credit for the year if they don’t lay off an employee? Do you know what I mean, something like that.>>There should be definitely-
>>I think they should do both.>>Yeah, they should do both.>>I mean, yeah, I think they should do both,
and I->>Again, people are getting laid off today,
today.>>Right, and keep in mind, nearly 50% of
Americans can’t afford a $400 emergency. So I do think that, given how the economy
is completely halted because of the pandemic, people do need cash in their hands to buy
groceries. So I think in the short term, it’s part of
what should be a more comprehensive solution.>>Yeah, I mean, the other obvious one is
debt relief.>>Yeah, totally agree.>>It needs to be coupled with debt relief. I mean, no one’s talking about that risk seriously. I mean, there’s been some sort of foreclosure
stalls in California and other states, and stuff like that. But I mean, no student loan payments, no rent
payments, no mortgage payments. All these things have to stop, because the
economy. It’s not that the economy is in trouble, it’s
that the economy is stopped. It’s a different type of problem.

100 thoughts on “Ana REACTS To Trump Giving Universal Basic Income

  1. Here's how we get ahead of this. America needs to get control over our natural needs. We need a deep clean of all our food markets. Most of our business will need to reinvent themselves to fit this new normal.

  2. This is all we can do to not let the system crash. It's totally more complicated but its easy if we work together

  3. Not every landlord is well off. I rent 3 properties at $525 each and THAT is my monthly income as a retired person. In the case of huge enterprises like Blackstone that own hundreds, if not thousands of rentals, a rental moratorium makes sense but for retired people like myself, the loss of rent would make ME homeless. NOT a good idea across the board! Mortgages come from banks and since the banks got the gigantic bailout in 2008, they can grant clemency in the mortgage department.

    Details matter!

  4. I can't believe I clicked on this nonsense commentary. Theres a couple minutes I'll never get back. Thank goodness I don't have to finis

  5. Hey dumb bitch, there's a pandemic crisis going on now. No such emergency existed when genius Yang came up with it!

  6. They have affordable housing , that IF IF you are let into affordable housing the town i live in is filled with scumbags landlords that charge up 5- 700 dollars for crappy unkepted 1 bedroom apartments that that can only move into if you have perfect Credit , so even if i had 1000 dollars. places like Olympia apartments owned by landlords that only care about college kids everyone else doenst have a chance.

  7. If you give the money to the people they spend it with the banks anyway, so the people and the banks both get bailed out.

  8. The people blocking UBI are Pelosi and Chuck If trump gets UBI or something like M4A he’s got my vote in November. It’s sad that trump is outflanking dems from the left.

  9. JohnCook Australia 🇦🇺. I finally twigged why TYT exists . It is just here to keep all the Ttump clowns off the streets and at home and typing their ravings . What a great idea and I would like to know who comes up with this idea . Rightio you moron Ttump trolls go for it .

  10. What a retarded panel. Still on Trumps back but he just keeps on winning what ever is thrown at him. You 3 will be proven to have been on the wrong side of history.

  11. This is what happens when you give the bulk of the money to the rich and leave almost nothing for the average American. And American voters are about to piss away the golden opportunity to elect the one man Hell-bent on fixing this: Bernie Sanders.

  12. Great panel, talking about some important issues that the average American doesn't know or think about. I agree payroll tax cuts are ridiculous granted it funds Social Security and doesn't even help the poorest Americans, and UBI along with supporting small to medium businesses as long as they don't lay people off

  13. How is this virus happening during our election and Putin's year of trying to steal another presidency term…conspiracy number 542,000

  14. Limit student loans and debt that way and give people a guaranteed income. And damn up the borders so the whole world isnt hopping on the system. Woah problem solved!

  15. Lol this narcissistic bitch is a comic? Dear lord…. everything she says is like something a 16 year old girl would say

  16. Man you guys are literally the worst……..this is such a good solution and you hate it… are communists and i dont know why I watch you

  17. Payments to all Americans? That is such a socialist move. If you are against socialism you shouldn't take the money. Stand up for what you believe in. If you are against socialism and you take the money … you really are a turd. You are such a pathetic little worm. You can't have your cake and eat it too.

  18. The stock markets should just suspend trading worldwide for 90 days…….all we have to do is look back to WW2 when much of everything was suspended. This is all proof that free market capitalism sucks at crisis handling mode and is getting in the way of defeating this. China is ramping up their economy again BTW ( especially in Wuhan which was ground zero ). The world will survive if a whole country is on safe mode……..( UK in WW2 was on lockdown while the Germans were bombing their country every night FOR 90 DAYS!!!! THE BATTLE OF BRITAIN…..JULY-OCTOBER 1940. )

  19. I wish trumpists would judge trump for this. They had called Yang our for that, so here we’ll see the integrity of republicans who unconditionally suck on trump’s dick

  20. Fox News #1 👺👺👺👺👺 "And It Wasn't Trump Nor Muchin period" . It was House Representative's & 15 Republicans.. do ur homework..

  21. He's not giving universal basic income. They are trying to provide a stimulus/relief package so folks can afford to stay home and can afford to spend. It's not permanent like UBI, it's temporary during a time of emergency. This is exactly like the plan first offered by GEORGE W BUSH not yang. I repeat if you think it's a good idea, then you are supporting a idea that George W. Bush implemented during his Presidency. It is not a UBI because it's temp. I think too they already have agreed on moratoriums for most of the other things mentioned. It's absurd Dems might now oppose this.I personally think Trump is doing a great job. As you said, this is a UNPRECEDENTED TIME and he did the most important thing could be done and what Dems would never ever have supported which is closing the border.

    I agree that the issue of SS solvency is important but I think it's odd you all wanted this stupid payroll cut and you opposed bush's check. Then you supported it when the bush plan was riffed in by yang and when Obama adopted the payroll tax cut and you now they are opposing it but you didn't bash them

    I'm just praying they don't limit it to just worker and they include those low income seniors and the disabled. If they are going to "bail out" the person who gets 50 bucks pin money doing stand up then how about putting cash in the hands of those that truly truly need it at all times. As much as you all claim to represent folks like me and you will talk about social security as a scare tactic you never truly focus on those of us on sssi. People who had done the right thing and were working hard, who contributed what they were asked th in every paycheck, only to be condemned to poverty by illness. Had I paid that same amount of money in to a private plan that operated in conjunction with public oversight then I would be able to afford a modest life. Instead housing goes to anchor babies and the Aca expansion created pressures to ration Medicare and raise other costs once my state adopted it. An extra thousand dollars would be almost an extra months income for someone like me.

  22. This is the perfect storm for Trump's reelection. Trump's going to be in the campaign trail 6 months from now boasting about how it was Trump that gave us this help. Of course, he's not going to mention that it's his fault we are this deep into this.

  23. It’s an excellent idea because of velocity of money especially in light of the latest unemployment rates. Today the unemployment rate went up another one million people.

  24. I propose the following monthly safety net programs for Americans by our federal government:
    – $1000 cash allowance.
    – Free internet service.
    – $250 food vouchers for certain essential foods (meat, bread, fruits, vegetables, milk.) Absolutely, no junk foods or sodas. Food vouchers are not to be mistaken for food stamps.
    – $100 credit for gasoline.
    – $100 entertainment cash allowance (birthday parties, movies, date night.)

  25. Better do something before the "we hungry" gets so loud it kicks in people's doors. It won't be pretty. First good idea they have had. If it goes to the people and not just the bailouts for businesses. We didn't start Corona virus.

  26. Suddenly Young Turks are against UBI when the Trump administration proposes it.

    Even if the world is burning it's still partisan bs.

  27. Wow that woman is dumb. UBI is a Right wing dream – hahahahahah. Is that why Democratic candidate Andrew Yang proposed it? UBI represents everything the left is supposed to stand for. But these hosts are not principled people at all. They're simply partisan hacks who would rather see the country crumble than give credit where it's due. Just because you can applaud one thing Trump did doesnt make you a Trump fan. Anyone who opposes this is simply unpatriotic.

  28. Why did Humans/Homo Sapiens even create money/economies in the first place? The other animals on the planet don't use money or have economies. Why do we? The greed for money is destroying the planet.

  29. Ana are you that stupid to realize a 1000 or a 1200 dollar one time check is not UBI? It's a stimulus check to get money into people's pockets in a time of crisis.

  30. They can put my damn money back in my 401k too! It's sad I can lose $1000 in a week quicker than I can put in…we have the worst people in office on both sides

  31. Funded from payroll tax, which means, You get the check and you pay for it later, and then the government tries to get credit for it.("We are trying to help you.")

    How stupid is that?

  32. Repubican politicians NEVER do anything to help ANYONE other than themselves and their donors. Redumblicans will vote for the Orange Agent again, only to sabotage themselves by screwing the average worker and hail him as their victorious savior.

  33. Did a Google search: Quoting "So far, the earliest finds of modern Homo sapiens skeletons come from Africa. They date to nearly 200,000 years ago on that continent. They appear in Southwest Asia around 100,000 years ago and elsewhere in the Old World by 60,000-40,000 years ago." Did a Google search for When Money first appeared …Quoting "Metals objects were introduced as money around 5000 B.C. By 700 BC, the Lydians became the first in the Western world to make coins. Metal was used because it was readily available, easy to work with, and could be recycled. Soon, countries began minting their own series of coins with specific values." Did a Google search as to when Bartering started…quoting "The history of bartering dates all the way back to 6000 BC. Introduced by Mesopotamia tribes, bartering was adopted by Phoenicians. Phoenicians bartered goods to those located in various other cities across oceans. Babylonian's also developed an improved bartering system." So for over well over 100,000 years Humans/Homo Sapiens survived without money,bartering and economies.

  34. The young turks would oppose or say anything to remain relevant. I see your lips working but all I see is steam coming from your ears.

  35. They will give you this and THEN you won't be eligible for all the other programs that you would normally be able to get!!

  36. Yeh, y'all aren't going out of business yet? I believe your only audience is hate watchers. Complete idiots here. Lol

  37. If Trump makes this happen he will get re-elected. TYT has no idea what the social benefits of UBI are. What robust social safety net are you talking about? Yang's UBI plan stacked on top of earned benefits like SS and SSD. It would be opt-in for people receiving cash or cash-like welfare benefits(which for a single abled bodied person is less than $1000/mth). The upside is no dealing with a punitive and invasive bureaucracy.

  38. I am a landlord who has just three rental units. I have to wait for checks to deposit before I can pay the bills to sustain the services for the units. If they don't pay, I can't pay.

  39. Payouts to people who paid taxes in 2018 does nothing for the homeless and those without jobs or insurance. If the Republicans want to do this right it needs to focus on lower income people, and not be based on how much taxes a person paid.

  40. These are the same panelist who mock, laugh and did all they can to smear Andrews UBI. I'm not a republican or democrat but these people laugh at the Trump Administration about trying to get money directly to the people? While they supported Bernies FJG > UBI. Just replace Automation with this Virus Pandemic that causes Job Loss. Its obvious who is really against the middle to poor class people.

  41. I watched this video thinking there would be some interesting insights into how this might be the start of a permanent UBI or how Democrats have an opportunity to make some big policy gains while Trump is trying to stabilize the economy. Instead, "Trump is doing this thing we all love. Wow. Disgusting. He's so terrible." I should have known better than to expect rational progressive analysis from a show whose eco-chamber ranges from "anti-Trump circle jerk" to "over-the-top anti-Trump circle jerk." Great job TYT, it took MSNBC 20 years to go from voice of progressives to corporate-Left shills… TYT did it in 4.

  42. Same as us in the UK. This was a Labour Party thing put forward by Jeremy Corbyn, but now the Conservative Party is talking about it. Which is good! I hope that if something like this ever happens, it is done fairly, whether is US or UK.

  43. The Numbers Are Not Making Sense by Trump Administration "2 Trillion Dollar Stimulus How Does "$100, 000, 000 American Workers Get $1200, "Goldman Sachs CEO Gets Huge Raise While Corporations Cry To Government For Bailouts."""It Would Serve Americans Better If Their Mortgages And Rent Was Frozen For Three Months, With A Year To Catch Up After The Legal Federal Announcement Of The End Date Of The Corona Virus. The Year To Catch Up."""""""Goldman Sachs CEO Gets 19% Raise To $27.5 Million Dollars A Year In The Midst Of Corporations now asking for Trillions is Socialism! """"""Vote Take Back Senate Our Best Chance To Make Real Power Shift""""Progressives Can Do Nothing Without Senate Control This Is Our Best Map In 12 Years To Win Back Senate""""""Get Senate And In "4 Years We Will Have Medicare For All""""Because Of Corona Virus Stimulus Trillions Of Dollars Democratic Socialism Is OK Now, The Myth That The Money For Medicare For All Is An Impossibility Has Been debunked By These Stimulus Packages That Will Exceed "6 Trillion Before This Is Over, According To Most Economic Experts. Democrats Must Take Back Power Of Senate, This is the Best Map To Change Government, You Have Seen The Power Senate Has! """Mitch McConnell

  44. The current economic system is a Ponzi scheme run or manipulated by globalist factions …1 faction is primarily responsible..sits it's demonic child murdering as* in city of London,new York and basil Switzerland ruling the world with a speculative system and drug running the south american cartels whom send 90% of what they earn to the NYC club …the other claims to be for the working man the other is Koo Koo …crazy people crying about some dead prophet and a fantasy god. .that God is so strong they have no peace in the middle east 😀

    The 2 lessor factions here are outside the loop of the alien tech (think Roswell) and are being highly manipulated by the 1st. It's alleged that demons run that elite.

  45. I want to make it known that if anyone feels like we are in the end time, I want you to know you're not alone. I'm being serious about this. I know people are going to TROLL and I'm posting this anyway. We live in a weird ass time. He is giving us free money so he seems Saintly. But it's the devil acting like a complete dumbass. Who would suspect the devil is a complete dumbass? It is said that only God's children will see through Satin's facade.

  46. The frustrating thing is this PROVES WITHOUT A DOUBT that Republican Senators DON'T BELIEVE IN THEIR OWN BULLSHIT because if they did the tax cuts is EXACTLY what they would propose but they aren't because they know that money doesn't go to workers IT'S NEVER GONE TO THE WORKING CLASS!!! They haven't been misguided all of these years, they've been LYING for all these years!!!

  47. We can do UBI, and so much more. People keep talking in terms of paying before spending. That really needs to stop from the left. Pay-go is probably the worst idea in American history. We don'e really need to fund the government to pay for its spending.

  48. What are you talking about, all economic activity stops, you can't go to a store? Stores are still open for the most part. States that have crops are still going to be tending and planting crops, workers are still getting paid. Truckers are still delivering goods, plants if deemed essential, all food, truck parts and so on are still going on. So while there is an economy disaster an economy still exists. Many companies are still working online as well stop with the claim the economy has halted.

  49. Let republicans lead the charge on this, so that way it will be some republicans and all democrats vs a small group of republicans. If the democrats get more vocal the republicans will oppose it just because the democrats are saying it. Later make the point that in a real emergency even the republicans do democratic policies.

  50. The problem with republicans is… Their idiots, they want more power and control, but as soon as their plan fails they realize the obvious, these plans like UBI, employee rights, etc aren't just good for people, their good for business and for economic stability.

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