Yang Tsunami 2020 #YANGGANG

Not left or right. Forward.

[Yang Tsunami 2020 #YANGGANG @YangTsunami]

@acnewsitics @Vote4AndrewYang Source?

[Yang Tsunami 2020 #YANGGANG @YangTsunami]

This is a travesty.

https://t.co/azTOWYd6xv

[Yang Tsunami 2020 #YANGGANG @YangTsunami]

@HvEvil @slorantes @IveesDoublEx @AOC @AndrewYang I know this isn't welfare, I'm saying it's the same "poor people don't know how to handle money" mentality people use against UBI.

I'm sure many people fall into debt traps - similarly, many might need short-term loans during unexpected hard times. I say let people decide.

[Yang Tsunami 2020 #YANGGANG @YangTsunami]

@HvEvil @slorantes @IveesDoublEx @AOC @AndrewYang I don't know. This seems to be the mentality of non-cash welfare programs: "People don't know how to handle money, so we should do it for them".

I don't think the government knows what's best for these people better than they do.

[Yang Tsunami 2020 #YANGGANG @YangTsunami]

@HvEvil @slorantes @IveesDoublEx @AOC @AndrewYang It would definitely address the problem more directly, in that not as many people would need loans in the first place. I just think artificial caps on rates would have unintended bad consequences :)

[Yang Tsunami 2020 #YANGGANG @YangTsunami]

@HvEvil @slorantes @IveesDoublEx @AOC @AndrewYang We don't even have to discuss this just hypothetically. Other countries have tried this - it doesn't work:
https://t.co/lJVrUKlTUc

[Matt Notowidigdo @ProfNoto]

Bernie Sanders & AOC have proposed capping credit card interest rates at 15% https://t.co/hl9tOkDLXk

For recent evidence on the effects of this kind of policy, we can turn to one of my favorite recent econ papers (by Ignacio Cuesta & Alberto Sepúlveda) https://t.co/crDIEFePrg

[Yang Tsunami 2020 #YANGGANG @YangTsunami]

@HvEvil @slorantes @IveesDoublEx @AOC @AndrewYang People in poverty are high-risk borrowers. If banks can't adjust for this risk by charging relatively higher interest, they just won't offer credit to poor people, making things worse.

This is a policy that sounds good but actually just harms the most vulnerable.

[Tyrene Pamstein @TyrenePamstein]

Off to infiltrate a field trip. Enough swag? 😉 #Yang2020 #YangGang

[Yang Tsunami 2020 #YANGGANG @YangTsunami]

Imagine being this out of touch.

[Yang Tsunami 2020 #YANGGANG @YangTsunami]

@FactProgress @keriannbryan @YangGangDefence @ZG1788 @PatTheBerner @IveesDoublEx @AndrewYang Yea you got us man.

[Yang Tsunami 2020 #YANGGANG @YangTsunami]

According to an Oxford study, "about 47 percent of total US employment is at risk" due to automation.

https://t.co/R7xrCy6SzV

But yea, let's just fight for a minimum wage - that's exactly what all the unemployed people will need!

[YangGangDefence @YangGangDefence]

@Uphill_Laura

[Yang Tsunami 2020 #YANGGANG @YangTsunami]

"It's literally impossible that people online might support a candidate that's not mine. Must be astroturfing."

[Yang Tsunami 2020 #YANGGANG @YangTsunami]

@isa_solberg I don't, really. Why do all these same Western countries prop up the Saudi regime despite being one of the biggest human rights violators on the planet? Because it's all politics. Pretending to care about people is just a convenient excuse.

[Yang Tsunami 2020 #YANGGANG @YangTsunami]

@isa_solberg To be clear I am not saying the protests against Maduro are not legitimate. But I can understand why people would instinctively stand against what they see as US intervention.

[Yang Tsunami 2020 #YANGGANG @YangTsunami]

@isa_solberg I don't see this as being different from Syria, where the Western axis, which would clearly benefit from toppling the regime, supported rebels on pretend-ethical grounds. The humanitarian reasons are always the excuse but not really the purpose. Hence the skepticism..

[Yang Tsunami 2020 #YANGGANG @YangTsunami]

@isa_solberg I get what you're saying. I would guess that most people "supporting" Maduro are doing so more out of opposition to what they see as an illegitimate overthrow, but who knows.

[Yang Tsunami 2020 #YANGGANG @YangTsunami]

Hmm, wild idea then: maybe let's go with neither.

[Nate Silver @NateSilver538]

Probably the best arguments against Biden's electability are (1) voters think his age could be a huge problem and (2) a lot of Dems give Biden an electability premium for being a white man when morally and/or empirically, they shouldn't. The problem is those also apply to Bernie!