What's your plan for health care? What is the plan for healthcare? We’re in the worst of all worlds right now, with American Healthcare, and it's like this crazy, hodgepodge, Frankenstein system that has gotten built on top of itself over and over again. For people out there who like market-based solutions, Healthcare is not that. It doesn’t make sense for Marketplace competition. You're not going to be an expert on everything. When you need treatment, you become price insensitive, like as soon as it's you or your family member, sometimes you're incapacitated and unable to make a proper choice. If you're sick, you’re not going to comparison shop. So there are a lot of things to make the individual Marketplace-participant-type situation non-feasible.So then you say, “OK, what's the current system?” So the current system is, we have this giant private insurance industry and, in part, as a result of that, we're spending twice as much on Healthcare as just about any other country. We’re at 18% of GDP, which, in a 20 trillion dollar economy, it's like 3.6 trillion. And it would be one thing if we were all remarkably healthy as a result of all this expense, but we are not. We are under-performing on very basic measurements like infant mortality. And some of that is due to the massive inequality. You know that, and that plays a role, but really, by any standard, we are not getting Great Value, or bang for our buck. And the confusion around this is that people are like, “Oh, how are you going to pay for it?” “How are you going to pay for it?” “How can you afford it?” We are all paying for it already. 18% of GDP, again. We're all paying for it, in ways big and small. And so if you happen to be employed while you're watching this and you have Healthcare through your employer, than maybe you're like: “My health care is pretty great.” Of course, it’s not free because your employer is spending thousands of dollars a year on your Healthcare, and reducing your compensation accordingly. And so if you were to have a choice… I employ young people, and I was a young person once upon a time, and if you're in a situation where you were like, “Hey, I'm 25,” and you don't actually use the doctor all that much, and then your employer were to be like, “Hey, would you prefer some sweet health insurance that you're likely to never to use, or a little bit more money in your paycheck?” Of course, you take the money in your paycheck. Your preferences shift when you're older where it's like, “Please please please give me like a gold-plated health care because I use it all the time.” So there is likely to be shifting preferences over time. They get completely obscured by the current system because you take the young person... but the point I'm making is that if you think you're not paying for healthcare, you are. You're paying for healthcare in terms of your paycheck, you're paying for healthcare in all of the prices that you ever encounter, because if you buy a good from a company. they're spending on Healthcare.We're all paying the price, because now, all these companies are trying to push us all to Gig, temporary, or contract work because they don't want to give us health care because that's just the economic incentives. 94% of new jobs are gig, contract, or temporary work. So if you think about all of those companies and all the money they spend on Healthcare and then all of the impact on pricing and on your paycheck and on health care costs if you interact with the system is essentially the giant hidden tax and so when people say how you going to pay for having to pay for it it's like well look if we take the same 18% of GDP that we're spending on Healthcare and we shift it from businesses and families where it is in large part right now and then shifted to the public sector that's not really like an expense transfer of money we're already spending within our families and businesses and on prices and then you shifted to the public libr

Andrew Yang 100%

AskAndrew - Live Stream Part 2, Segment 1

But those are the big three. Some things are even getting cheaper or better, so that's obviously media and entertainment, clothing, electronics, cars, food for the most part. Prices have been fairly stable, and this is even true post-bail-out when we printed four trillion dollars for the banks. There was that massive inflation constrained and felt in various destructive ways. So education is two and a half times more expensive than it was when I was growing up. It's because colleges have added new administrative layers and it has passed the cost on the parents. And then parents felt like they had no choice but to pay it. So then they turn to the government. Government says, “Here’s the loans!” So now we're up to $1.6 trillion in school loans because there's just no competitive pressure on these colleges. Healthcare is similar. Why the healthcare costs keep going up and up to the sky is because you have private insurance carriers: their business model is like: I'm going to charge you more this year. The employers have no choice but to pay. They eat it. You make it up by not hiring people and turning everyone into temp, gig, and contractors so you don’t have to provide benefits. If you're the consumer of healthcare, you can't shop around. The first thing is that the worst landlord jacking up the rent won’t be able to charge you $1000/month more, it doesn’t make sense. The most extreme landlord could try to get some fraction of it: let's call it $300. Like I'm up a thousand bucks a month. You would do like anyone else would do, which is you’ll be like: “What are my options?” That's one reason why all these other markets have remained relatively stable prices: because it's very, very competitive. Housing is competitive, but it’s getting constrained by the fact that you have essentially like NIMBY (Not In My Backyard) regulations that are keeping people from developing affordable housing, and you have limited housing stock available, particularly in robust economic areas that people feel like they need to live in, to access certain jobs.So the first thing you do as if they say ham to stick it to you and you say all right what else is out there and you would see if there are other reasonable landlords out there and if you are another landlord you be like maybe I'll get a good tenant landlord okay I've got a thousand bucks a month maybe I can enlist like a friend of mine together we have like two thousand a bee with a few family members got $3,000 and then maybe it makes more sense to find some picture of her someplace but the house and then try and get get out from under the thumb of these landlords and is not contingent upon my living next to where we all work it actually makes us much more mobile and dynamic and able to make better adjustments this actually makes it harder to exploit it not easier to take it to you is it's like hey I got a thousand bucks a month it's like if you stick it to me too bad like we can actually adjust and adapt so so that's the short is like trying to take it to someone yes are you now more able to adjust and adapt in like responding like not being voided also yes Are there specific issues around housing Supply that we should try and help with like create more incentives for affordable housing development in such a big fan of things like like Innovations in communal housing and ended this could be like that guy in me but I really like the smaller apartment Footprints in like that you know that the urban stuff like I've been in one of the like a container container turn into a house like that they're like rousing baby I like that stuff too but we we say you don't really help young kids as if you were like in an in a place where you cook a meal once a week and then other people cook a meal once a week and then I'll get out right now a lot of it is that the financial incentives all Hue in One Direction which is I'm going to make the nicest apartments for your bees that I possibl

AskAndrew Live Stream Part 1 Segment 3 - 100% Andrew Yang

All 100% Andrew Yang, all the time. Andrew Yang is an American 2020 Democratic presidential candidate, entrepreneur, lawyer, and philanthropist. He is the founder of Venture for America, a nonprofit that focuses on creating jobs in struggling American cities.

About

AskAndrew - Live Stream Part 2, Segment 1

AskAndrew Live Stream Part 1 Segment 3 - 100% Andrew Yang