...2020 Democratic presidential candidate. Unlike most other Dem 2020 candidates, he has actually done things besides politix in his adult life. He worked in startups and early-stage growth companies as a founder or executive from 2000 to 2009. After he founded Venture for America, the Obama administration selected him in 2012 as a Champion of Changeand in 2015 as a
Presidential Ambassador for Global Entrepreneurship. His signature campaign policy is what he calls the
Freedom Dividend, a form of Universal Basic Income for every American over 18. Yang believes UBI is a necessary response to the rapid development of automation that is leading to workforce challenges. The other two central elements of Yang's platform are Medicare for All and
Human-Centered Capitalism....
is dropping out of the 2020 race.
Per PBS, Yang’s campaign manager Zach Graumann confirmed the news and said, "By the numbers, the decision was pretty clear. It doesn’t feel honest to keep taking money and enthusiasm from our supporters, but also from the Democratic Party. It’s obviously a difficult decision, but we believe the right one."
The announcement dropped as New Hampshire results started coming in tonight.
Yang got a lot of attention for his outsider approach, his personal style on the campaign trail, and for attracting a sizable following known as the "Yang Gang."
Graumann, PBS reports, didn’t say he plans to endorse anyone right away.