News

US: Andrew Yang is joining this philanthropic cash relief initiative giving away $1,000 checks

Andrew Yang ran for president on the single issue of universal basic income (UBI), which then seemed like a reasonably fringe idea. Months later, the government sent out $1,200 checks to millions of Americans devastated by the economic downturn, in a move that vaguely resembled Yang’s concept of a “Freedom Dividend.”

In reaction to the pandemic-produced recession, a number of nongovernmental, philanthropic cash relief programs have sprung up, including The $1K Project which has just partnered with Yang. Started by venture capital investors Alex Iskold and Minda Brusse, the initiative is a direct-giving service that matches “trusted” cash donors to those in current economic distress—and whose needs were not met by the government’s paltry actions.

So, in April, Iskold thought: “What if, instead of waiting for the government to provide aid, we could just get Americans who have the means, to help families who are devastated by this pandemic?”

MORE

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s