Ok. How are you doing today . Good. [laughter] [applause] i have a number of jobs and , andrew will be here ok, how are you all doing . Good. I have a number of jobs, and are you all interested in meeting the next president of the United States . [applause] good. Marfan. Is steve politics, ilocal used to be the mayor of portsmouth, New Hampshire, and i used to be a candidate for governor of New Hampshire last year. Dont club too much. It is breaking news, i did not there would i won, be burly security people trying to intimidate you. Good news is, im not intimidating at all. There is a Silver Lining to what happened, because i have more free time than what i had hoped to have, and it was a year ago, coincidentally, a year ago today, i sat down for the first time with andrew yang for a cup of coffee at the Bridge Street cafe in my hometown of manchester. I knew him, but i did not know much about him, to be honest. Knew at aes in, i minimum we were going to be friends at the end of this conversation, so he could check some boxes for me pretty early. 44yearold come a american, father of two, really likes math, holy crap, that was me, that was me, and we connected immediately. The balance of that hour ended up being the moment that i went from being, im going to be friends with this guy, to, i think this guy can be president. Then we took a couple of months, politics, i have got family up in pittsburg anyone from coos county . Yeah, coos county. It is ok. [laughs] it is a good thing. You cannot become president if you have not been snowmobiling. A National Advisor policy, when we connected, he was in 16th place, and after that meeting, back in january, we had another meeting, and we bumped into some folks that i knew, and they said hey, steve, who is your friend . I am like, he is running for president. That is my friend. Now we walked down the streets in manchester, and people go, hey, andrew, who is your friend . And that, in my estimation, counts as progress. All of a sudden, he is not in 16th place and a relatively unknown guy in New Hampshire. Has anybody seen any tv ads . Good. He is tied for fourth place nationally, raised 16. 5 million in the first quarter, with much more to come. , 2019, hehis, q1 raised 1. 7 million. Raisedyears eve day, we 1. 3 million. That also counts as progress. One of the key moments the light will went on that this guy had a chance was in late march, we did a town hall in plymouth, the common man and plymouth, kind of lookingalk, and i was at this incredibly politically, ideologically diverse crowd. I saw trump voters who were literally wearing it on their chest, maga. I saw clinton voters, i saw people like me, who had been Bernie Sanders voters, i saw jill stein voters and i am never going to vote again people. Those people are pretty obvious, it turns out. He was turning out a more Diverse Coalition than i had seen in 20 years o of New Hampshire democratic politics. Who had thentleman red make America Great again tshirt, and i said sir, you just sat there in our and thror and a half of a young asian man who is trying to give every citizen 1000 a year for the rest of their life, and are you attending the right meeting . Imanswer was hell, yeah, attending the right meeting, because he realized donald trump was the wrong answer to the right question, and that andrew yang was the right answer to that right question. If you are at all intellectually curious, youre probably thinking what i thought at that moment what the heck is the right question . Here it is. It is the question not enough american politicians are asking. Of thestions thfew other Democratic Candidates are asking, how come at a time when gdp record high stock market record high unemployment record low insulation record low how can it be we have been told econentire lives, any home 101 class, this is when these things are the case, you should be feeling unprecedented levels of Economic Prosperity, of personal and familial economic security, you should feel it your kids are destined for bigger and Better Things than you could ever have imagined. But this is also true. If you were born in the 1940s, good for you, 93 of people born there can say that their children will have a higher standard of living than they did. If you were born in the 1990s, that number is now under 50 . So all of these things i just told you, how can all these numbers be what they are, and yet the vast majority of americans feel like they are walking on an economic tightrope with no safety net underneath . That is the reality of america if we, i think we as a lifelong democrat, if we as a Democratic Party believe that the only way or the best way that we are going to be donald trump in 2020 is to simply be the party of not donald trump, we run the risk of doing in 2020 what we did in 2016, and then acting very surprised the day after that we got the same result for the same process. The only way that we win is if we present ourselves as not against things. I am turned on by andrew yang more than any candidate i have because, more than any candidate i have seen in a generation, andrew yang speaks about what he is for. He defines america by what it can be rather than the worst of what we have been. That is what excites people that may have voted for donald trump in 2016. They desperately want maximum change, but they now realize the change they asked for was the not exactly the change that they wanted. The way we will defeat donald trump, who is an outsider who does not have his act together, will not be with an insider. It will be with an outsider who has his act together. And, ladies and gentlemen, that person is andrew yang. [applause] mr. Marchand how many of you have seen andrew speak in person before . All right, this is not a trick question. How many of you have not seen andrew speak before . Yeah, that is what i like, and i think when andrew finds that out, that is what he will like. Three months ago, two months ago, much less nine months ago, when we would do events, there were two things that are true. One, there were a heck of a lot less people at the events then we get now. The second thing is, it would be 80 diehard yang gang and 20 new people. And today, we find in most of these audiences, we find it is mostly a flip. 70 to 80 who have not seen him before but are newly interested in his candidacy. As we begin to focus on february 11. How many of you entering the room today as certifiably yang gang . How many of you might classify yourself, and we are all friends today, as yang curious . Yeah. Give yourself a hand for being yang curious. [applause] yeah, by the way, i am becoming yang curious as to when they will arrive. [laughter] mr. Marchand that is kind of a joke. Kind of. What we find in the yang gang is that we have another term for yang curious. It is soon to be yang gang. That is synonymous. Somebody shout out for me, if you are yang curious, what has drawn you here today that might not have drawn you here a month or two ago . Our granddaughter likes him. Our granddaughter likes them. How old is your granddaughter . Almost 18. She is mr. Marchand when does she turn 18 . [laughter] mr. Marchand hold on, folks, i need to know this answer. March. I like that. The number of people i do not mean to offend. I have been bald for a long time. At one point, this was a choice. Not anymore. It was, until a few months ago, the reality was that most of the folks that were showing up in a room like this were pretty young and quite male. While i am a relatively young and quite male person, we had to the reality is that we had to diversify in order to grow our coalition. And what i see here are folks that are now saying, it is my kids, it is my grandkids, they are the ones who got turned on me turned on to at least take a look at andrew yang. Indeed, the way that we win the election, obviously, is by pulling and people that maybe were not too excited in 2016 or in some peoples case, were not eligible to vote in 2016. Get them excited for a generation. When you get young people excited to vote, you typically keep them engaged for the rest of their lives. It is the reason why andrew actually supports lowering the voting age to 16 years old. Because the data are very clear on this. When you get young people involved in the process, in their teens and 20s, you have probably got them for a lifetime, and there are other elements of Civic Engagement that follow suit. All of these are lacking for our sizable population. Thank you thank your granddaughter thank your granddaughter. Where does she live . I am putting you on the spot. You know, pennsylvania is a swing state. Eh . All right . I like that. I like that. Somebody else . Tell me why you are yang curious and you are here today. [indiscernible] mr. Marchand humanity first. How many of you have heard that as part of you andrew yang . Humanity first. The reality is, and it is one of my favorite things about andrew. We need to come as a country, separate the concept of economic value from human value. Andrews oldest son is seven years old, christopher, is on the autism spectrum. And was diagnosed about three years ago. You will probably hear a little bit more about that shortly. One of the questions, as i become more exposed to the conversation about autism through this campaign, is when we see a child with special needs, we often do not think very much about the fact that that will one day be an adult with special needs, and when that conversation ensues, i am amazed, now that i am aware, at how often, to some extent, the question immediately goes to this so, how is your child, when he or she is an adult, how will they make a living . What kind of work will they do . There is an implication in there their human value and their economic value are the same. If they do not imagine them as being able to deliver economic value in a traditional way, a quantifiable way, the way we have defined for generations, then somehow they have less value as a human. That is what happens when you spend all your time thinking about gdp as a measure of success at the same time that we have seen life expectancies go down three years in a row. We have seen suicide rates one of the things that really measure whether we are getting it right is a society that is humid value. One of the things that got me into andrew early, he talked about these in railways. Very real ways. It is one of the mantras of his campaign. Hopefully he will get here before dinner. A shout out something else. Curiosity. Guess what save it for the q a. Talk to the press after. I will quickly introduce, yes, somebody i have got to know over the last several days. Awesome. The best evidence that i have found that andrew yang is really smart. His wife, evelyn yang, she will be out here in a second. First generation american just like andrew, just like me. A Columbia University graduate. Their two young now engagedticated, by the way, nobody can run for major office unless your family is tolerant. They must be supportive, because it is an allin effort. Evelyn is remarkably supportive, sophisticated. She will introduce the next president of the United States , which means i get to introduce the next first of the United States. Ladies and gentlemen, give a nice, warm bedford, New Hampshire welcome to evelyn yang. [applause] mrs. Yang hello, everyone. Thank you, steve. Thank you for that introduction. Thank you so much for coming out today. I have only recently started joining andrew on the trail. , because, as steve mentioned, we have two young boys at home who keep me pretty busy. But i love being here when i can. I think i am useful to andrew , because after 15 years of being together, now i am his best character witness. Andrew is a wonderful husband, father, and friend. He is a man of the highest integrity. He does not lie. I have never known him to do a single unscrupulous thing. But he is far from a stick in the mud. He is fun andl, he is flexible, but he is also principled and has exceptional judgment when it comes to filtering out the things that really matter. He is generous in heart and soul and action. By the way, i took all of that from our wedding vows. [laughter] i am just kidding. Our wedding vows were way more generic. All that aside, this is why i think my husband would make a great president. It is so upsetting how divided our nation has become. It is why we cannot get anything done. Andrews Campaign Message is humanity first, that includes all of us. He says all the time, it is not left, it is not right, it is forward. His intention was loud and clear from the start. He has not here to play partisan politics. He has never dreamed to be president or even be in politics. His goal is to solve problems and improve the lives of all americans. How will he accomplish this . I can tell you about his track record, for one, of being a nonprofit leader for most of the last decade, building coalitions in cities across our country, among a wide range of people, businesses, and local communities to help solve the problem of job creation. For his accomplishments, obama named him a champion of change and made him a president ial and ambassador of entrepreneurship. I have seen andrew in action over the years, time and time again. Building phenomenal at bridges, at uniting different people behind a common cause, at communicating what is at stake. At setting people up to succeed, his intellect and energy are unquestionable. But he has something else. And you know a lot of people in politics are smart. But andrew has a very unique combination of characteristics , and to put my finger on it, i would call it authenticity, transparency, and humor. His humor and humility are transformative. It enables all kinds of people to want to work with him and trust him. You just cannot invent this stuff if it is not genuine. That is a promise andrew would bring to the white house. People before party, common sense before ideology, and the ability to work with everyone to get things done. While 15 years ago, i may may not have thought to myself, this man is going to be president , today, the very same qualities that made me fall in love with him have me absolutely convinced that he is the perfect person to lead this country in the 21st century, because the stakes have never been higher. Americans right now know that things are not all right. Too many people are being left behind. Too Many American families are struggling to make ends meet. We have women who are financially dependent and stuck in abusive situations. We have children who are hungry and homeless in the United States of america, where we have so much wealth, concentrated in just a few places. This should not be acceptable to any of us. Yet andrew is the only one addressing poverty in any meaningful way. We have the ability to eradicate poverty, and i believe we have a moral obligation as a country to do so. Of course, 1000 a month cannot solve all our problems. Have a lot ofry, big systemic changes to work on and if you look into any of , andrews 150 plus policy proposals, you know he fully intends to do that work. The freedom dividend is a critical first step in the right direction. It will pave the road ahead and allow millions of americans to lift their heads up, look forward, plan, save for a rainy day, and hope for a brighter future. That is why i so embrace this campaign and my husbands work putting humanity first. What humanity first means to me is investing in people first. This will supercharge our families and supercharge our communities. As andrew puts it, it is the trickle up economy. From our people and our communities up. What really bewilders me is this completely topdown approach that all of our politicians take. Yes, you need policies and laws and regulations. But, one, they can take a long time to go into effect, and, two, they dont always work as intended. It is common sense you need to take a bottomup approach as well. What about putting resources directly into peoples hands, so they can make the best decision for themselves and for their families . Andrew is the only one talking about tackling the greatest issues we face as a country in peoplecentered way. It is why the more you hear from him, the more you want to hear from him. He makes too much sense, and then you realize this is what we have been missing in politics. Now, the man you have been waiting for, please join me in welcoming the next president of the United States, my husband andrew yang. [cheers and applause] return of the mack by Mark Morrison playing ] mr. Yang hello, bedford. How are you . Good afternoon. Thank you so much. I love campaigning with evelyn, because now people are finding out what i have known for quite sometime, which is i am the luckiest guy in the whole country. Thank you, evelyn. [applause] mr. Yang sometimes people thank me for running, and i say, thank her, because she let me run, and she has been taking care of our boys and sacrificing more than anyone in our family. You have been a rock, and i love you so much. [applause] mr. Yang i love campaigning here in New Hampshire for a number of reasons. I went to high school in this state. How many of you knew that . I graduated from Phillips Exeter academy in 1992. They had me back to speak about seven months ago, and i told them i had not been back since graduation, because i did not have a good time, and then the student body erupted in applause. [laughter] mr. Yang i went to brown university, and then i went to law school and became an unhappy lawyer for five months, and i started a business. You know a couple of things. It is much harder than anyone lets on and when someone asks you how is going, what do you say . Great. It is going great. My business went great until it failed. My parents told people i was still a lawyer. [laughter] mr. Yang because they are asian, among other things. I had been bitten by the bug, and i became the head of an Education Company and was bought by a Bigger Company in 2009. 2009, we were in the midst of the financial crisis. How many of you were here in New Hampshire in 2009 . How was that period here in your part of the state . Not great. Rough. There was a 14yearold boy at another event in New Hampshire, and he said it was a tough time and i said, how would you know , this . You were four years old at the time. And he said, my family had to sell our house, so i remember. So many communities were devastated. I thought i had some insight as to why our economy tanked. I hady of the whiz kids gone to exeter and brown with had gone to wall street. I thought, what a disaster that is. I cannot believe that is what we have had people doing the last number of years. So i thought what is the opposite of that . This is where i give credit to evelyn. How many of you work in add a nonprofit . How many of you volunteer for a nonprofit . You should probably pretend on that second one. Are you a good person . Yes, i am, andrew. I said, evelyn, how about i leave to start a nonprofit that would help train entrepreneurs to create businesses and jobs in places like detroit, cleveland, baltimore, birmingham, pittsburgh, and other cities that could use a boost . So those of you who raise your hands, who work at a nonprofit, well, how the heck do you start a nonprofit . Here is how i started venture for america. I put up some seed money, and then i started calling rich friends with this question do you love america . The smart among them said, what does it mean if i say yes . I said, at least 10,000. , i lovepeople said so wea for 10,000, started with a couple hundred thousand and grew to the millions and helped create several thousand jobs. I ran this nonprofit that i started for seven years. Because of our success, we were honored multiple times from the obama administration. I brought evelyn to meet the president. My inlaws were very excited about me that week. I was like, she did all right. [laughter] in yang unfortunately, much of the country, i had this feeling that things were heading in the wrong direction in many of these places. How many of you grew up in new england or upstate new york, like me . The midwest . The south . West coast . I had never been to missouri or alabama or louisiana or ohio before running venture for america. I was staggered by the gulf in regions, where if you flew between st. Louis and San Francisco or michigan and manhattan, you felt like you were crossing dimensions and decades and ways of life. I was still stunned when donald trump won in 2016 and became our president. I am sure you remember that evening well. How did you all react to his election . [laughter] so i heard crying. [laughter] mr. Yang drinking. Evelyn and i reacted similarly. This was a giant red flag were , where tens of millions of our fellow americans decided to take a vote on the narcissist reality tv star. That is not business as usual. Stop what you are doing and evaluate. All of us, even if we reacted with tears or alcohol, have family members and friends and neighbors that celebrated his victory. Now, if you were to turn on cable news that night or any night since then, why would you think that donald trump won . And is our president today . Disinformation . Racism. Funding. Russia. Comey. Hillary clinton. Mr. Yang Hillary Clinton. Disenfranchisement. The apprentice. Media. Emails. Wow. Its the russians. [laughter] mr. Yang always trying to mess up my events. But they never can quite do it. All of these elements mixed together, this is why he is our president. Hillary clinton, emails, russia, racism, facebook fbi, electoral all mushedlike together. I am a numbers guy, bedford, and i went looking to the numbers for an explanation. And i found it. We eliminated automated, actually 4 Million Manufacturing jobs over the last number of months, and where were those jobs primarily based . Michigan, ohio, pennsylvania, wisconsin, missouri, iowa, all the swing states that donald trump needed to win and did win. And if you doubt this, there is a Straight Line between the Industrial Automation in a voting district and the Movement Toward trump in that district. It is one of the strongest correlations you can find anywhere in the voter data. You may have experienced this or know people who have experiences d this directly, because it happened here in New Hampshire earlier. You all lost over 12,000 manufacturing jobs, primarily in the northern part of the state. I have been to those towns, and after the plant or mill closed, then the shopping district closed, then people started to leave and that community has never recovered. I have seen the same thing play out in missouri and michigan and ohio and western pennsylvania. And unfortunately, what happened to those 4 Million Manufacturing jobs is now shifting to other parts of the economy. How many of you have noticed Stores Closing around where you live in New Hampshire . Why are those Stores Closing . Amazon, thats right. Amazon is sucking up 20 billion of business every single year, causing 30 of our stores and malls to close. The most common job in the economy is retail clerk. Average retail clerk is a 39yearold woman making between 8 and 10 an hour. What is her next job . How much did amazon pay in taxes last year . Zero. 20 billion out, most common job starts to disappear, and we get zero. We all see the selfserve kiosks but it is even more pervasive than what we see every day. When you Call Customer Service line of a big company and you get the software, i am sure you do the exact same thing i do. Pound 0, 0, 0, yell human, representative over and over again. Please let this Company Still employ a human. If i found this button long enough. In two or three short years, the software can sound like this. Hey, andrew, how is it going . What can i do for you . It will be seamless, peppy, efficient. What does that mean for people working at call centers . There are 3. 5 million Truck Drivers in the u. S. I friends in friends in california that are working on robot trucks that can drive themselves. A robot truck just transported 20 tons of butter from california to pennsylvania without human intervention. If you google robot butter truck, the story will pop up. They say they are 98 of the way there. What does that mean for the 3. 5 million Truck Drivers or the 7 million plus americans who work at truck stops, hotels, and drivers . Diners around the country that for theiruck drivers meal . You can think of the trucks are blood cells carrying cargo, but they also carry economic vitality. 10 of the jobs in nebraska support trucking and freight. What will happen to those jobs in nebraska when the robot truck does not need to stop in he greatest Economic Transformation in the history of our country, what experts are calling the Fourth Industrial Revolution. When is the last time you heard a politician say Fourth Industrial Revolution . Just now, three seconds ago. And i am barely a politician. So these are the numbers that i was finding in 2017. Trump wins, all, my gosh, stop the press. Here i am, this job creator,ntrepreneur guys feeling like i am pouring water into a glass with a hole in the bottom, it is just staring at the money. Washington, d. C. , is the richest city in our country. Think about that. What do they produce . [laughter] whatever they are producing, business is good. Donald trump wanted to drain the swamp, and that actually got a lot of support among americans. Want to drain the swamp. I want to distribute the swamp. What do i mean by that . Why are you employing hundreds of thousands of people in the most expensive metro area in the country . Why wouldnt you move some of those jobs to New Hampshire, ohio, michigan, wisconsin or another place . You would save billions of dollars, you would add jobs in a place that would be thrilled about it, and i would argue that the decisions the regulators make would be better because they would live someplace normal instead of in a bubble. , so these are the things we can do to get our economy lined up with our communities. I know how our economic measures dont tell the whole story, in part because of my family and evelyn. Evelyn is home with our two boys, one of whom is autistic, working hard every day. How much is her work included in our economic measurements . Zero. And it is not just evelyn and stayathome parents around the country, it is caregivers and people taking care of ailing loved ones, it is volunteers and , it ists, it is coaches 98 of artists, it is local journalists more and more. We have put 2000 local newspapers out of business. Do you know what doesnt function as well if you dont have local news . Mark received. Because people cant tell what is going on in their community. It is quite hard to vote on who should be doing what and government. These are things we claim to value most highly in our lives, family, community, democracy, and we are allowing them to get zeroed out one by one. Because everything today revolves around the almighty dollar, and we have been confused into thinking economic value when human value are the same thing. What you have to say to the rest of the country loud and clear is ast we have intrinsic value, people, as americans and as humans ourselves. We have to get the machines working for us again instead of having us all work for the machine, this giants, capital efficiency machine that we build, that now threatens to. Ear our communities apart so if gdp and corporate profits are going up and things arent going so well in our communities, how should we be measuring our economic progress . I know, this is interesting, right . But we can actually do this. Gdp is something we made up almost 100 years ago, and even the inventor said at the time, this is a terrible measurement of national wellbeing, and we should never use it as that. Here we are, riding it off a cliff 200 years later. So how should we measure our economic progress in a way that will actually tell us how we are doing . Depths of despair mr. Yang depths of despair, quality of life expectancy, homeownership, poverty levels, proportion of americans who are going to retire in quality circumstances. We have Many Americans working until the day they die. Homelessness rates, childhood success rates. If we look at these indicators, we would see that we are in the midst of a Mental Health crisis, we are in the midst of a wellness recession, of a Civic Engagement depression. If we looked at the actual measurements of our health, we would see that things are not going that well. As your president , it will be my pleasure to go to the bureau of Economic Analysis and say, gdp, 100 years old. Kind of out of date. Increasingly useless. And modernize it to include this american scorecard of Mental Health, clean air and clean water, childhood success rates, affordability, and engagement. These are the true measurements of the 21st century, and i will present them to you at the state of the union each year. I will be the first president to use a powerpoint deck in the state of the union. [applause] and then we will send it to all of your emails no, no. [laughter] so this is how we build a human economy that works for us. We dont have unlimited time. Time is not working in our favor. If we do not make this move now, what happens over the next four years . More stores close, the ai gets smarter, the selfdriving trucks start hitting the highways. We have to turn the tide right now. Donald trump is our president today because he had a very simple message. He said he was going to make America Great again. What did Hillary Clinton say in response . America is already great. Remember that . It has been along three years, bedford, i know. A long threen years, bedford, i know. But it is about to end. [applause] that response didnt go over well because the problems are real. We have to acknowledge the depth and severity of these problems, real solutionsd that will move the country forward. What were donald Trump Solutions . Build a wall, turn the clock back, bring the old jobs back. We have to accelerate our economy and society to rise to the real challenges of the 21st century. In the way welve think about ourselves and our work and our value. I am the ideal candidate for this job because the opposite of , donald trump is an asian man who likes math. Thank you very much. [applause] you may not know this bedford, because but math is an acronym. And what does it stand for . Make america think harder that , is right. That is your job. In under a month, it is your job to move this country not left, not right, but forward. Thank you all. Lets make history together. [cheers and applause] thank you, bedford. Lets turn it all around and win. All right. Now i get to my favorite part, get to take some questions. Do we have a mic around there somewhere . Good job, mic runner. You will have to pick them for me sorry about that. [laughs] thank you for taking my question. I have heard both you and cory booker opposing a wealth tax. I have not studied how it has failed in other countries, but i have a sense on how it would in this one for five reasons. The first is, it costs a lot to administer, and so it is an inefficient way to tax. And second, it is hard to determine how much value something has unless it is just money. A third is it encourages people , to spend instead of investing and building a business. Taxes the same again, andand over then you have two tax. The fifth, [inaudible] unless the wealth tax is shaped to inflation, it erodes the have and theople cap gets lower and there is no money to tax. My question is a twopart question. [laughter] the first is do you have any , more reasons why a wealth tax would fail . And the second is, what kind of you decide to have that would not tax poor people more than rich people . [cheers and applause] mr. Yang wow, what a great question. That was awesome and adorable. That person is the subject of some highquality parenting, i would suggest. [applause] so we are in the midst of this winner take all economy, and the question is, how do we balance it and turn it around . Bernie and elizabeth champion a wealth tax, which i understand and even agree with in spirit. But i am a facts and figures guy, and when they rolled out a wealth tax in germany, france, sweden, denmark, and half a dozen other countries, it didnt work, and they repealed it in all of those places. So to me, if we do not learn from the experience of other developed countries who tried something, do we think the wealthy in america are somehow more excited about participating in a wealth tax than the wealthy in germany, sweden, france, and denmark . The argument you have to make is, it is going to work better here, and why . Because our wealthy people are somehow different than their wealthy people . So how do you turn that around and balance the economy in a meaningful way . The way i would do it is through this value added tax that falls most heavily on the Tech Companies like amazon, facebook, google and the gang, and the example i use is jeff bezos. So jeff bezos is worth 115 billion postdivorce. [laughter] no judgment. Whatever. So thats a lot of money. If you ratchet up the income tax , lets say to 75 , how much of his 115 billion do we get . Next to nothing, because he is not dumb enough to pay himself 10 billion a year and then let us get 7. 5 billion. He is going to pay himself enough to satisfy his lifestyle. So the wealth tax would not be ideal. What i am proposing is we have a transactional tax on his trillion dollar tech company, amazon, and you take a toll of what is coming in, which is the equivalent of hundreds of millions of dollars to jeff. When he takes that money and and then buys rocket ships to , mars which he does, you can look it up you can take a toll on that as well. Essentially, you take tolls on the highend transactions that are fueling many of these Tech Companies. If you did this, you would generate 800 billion plus in new revenue, almost immediately, with a big up arrow attached to it. Because a lot of the value that is going to get generated let me throw this out there lets say we have self driving trucks. How much tax revenue will we see from that . None. Because the beneficiary will be trilliondollar Tech Companies that doesnt pay any taxes. So we have to get in there and say, hey, we get a toll of every robot truck mile so that we can harvest some of the 168 billion a year in cost savings from robot trucks and get it into our , hands. Right now, our Corporate Tax highly s highly, gamable, and the companies are too smart. So if you look around the world and you see other developed countries have figured out that this value added tax, this toll tax is almost impossible for companies to game their way out of. We get that money and it makes us stronger. I love the question so much, and but thank you for the research. That is awesome. [applause] hi. Climate change and pollution are already harming their health and the future Economic Prosperity of millions, even some in New Hampshire but also in california, puerto rico and around the globe. So i understand that you are committed to investing billions for communities harmed by hurricanes and natural disasters, and billions for building seawalls and helping people if they need to move from communities impacted by climate my question is more, what about black, brown, and indigenous communities already harmed by corporate greed and environmental racism . Disproportionately impacted by these issues . [applause] first, how many of you all are concerned about Climate Change. Yeah, i am too. We all really should be. One of the things i think we should be realistic about is, its impossible to talk about preventing Climate Change at this point. We are already on the curve. The last four years have been the four warmest years in history. When i was in portsmouth, there were businesses that were flooding more regularly and shrinking dramatically because the water was warm. Now we have to do everything in our power to play catchup, to move towards lower Carbon Emissions and make our communities stronger and more resilient. The first thing we should do is put a tax on Carbon Emissions to try and make it to where if you are a polluter, you pay a price. You zero out the subsidies to fossil fuel companies and take that money and move it towards wind, solar, and other renewable forms of energy. The toughest part here is that the United States of america is only 15 of global emissions, so even if we did everything right within our own borders, the earth will likely continue to warm. China is going to africa and saying hey, we have a coal burning power plant for you. What do you think . The african government thinks what . Sure. What do we want to do to change that . We have to be at the table with the african government and say hey, we have solar panels. We will subsidize these heavily for you and make it a nobrainer. That is what we have to do if we want to get the it the other 85 under control. Your questions about the victims of a degrading climate and natural disasters of higher frequency and power and we know suffers most in a natural disaster. Poor people. Poor people and people of color overlap very, very heavily in the United States. One of the ways we can make this more just is by putting 1000 a month in the hands of every adult, which would then allow everyone to have a better chance at having a car, seeking shelter, being able to protect themselves and their families when a disaster occurs. But we cannot leave families on their own or communities on their own, and this is something do you remember the last debate where they asked arturo candidate, should we pay to relocate americans . Four candidates, should we pay to relocate americans . We have already relocated a town in louisiana. If there is a group that wants to move, we should be able to help subsidize it. It is much more costefficient for us to try and protect our communities and it is to rebuild our communities. If you can build seawalls and elevated structures and in some cases fire breaks to manage forests better, we need to actually ramp up our investment in mitigating and protecting our community from many of these disasters. That is where i get frustrated with the lets prevent Climate Change. It is already here. We have to start making our families and communities stronger and more mobile. [applause] only two more . Ok. Do you want to read it so you dont get nervous . If you become president , what will you do to help people with alzheimers . Thank you for the question. Alzheimers is one of the major sources of not just death, but also dysfunction and pain. I have met so Many American families that have struggled with it, and i am happy to say that we can make significant progress on alzheimers. I have talked to researchers who are cautiously optimistic that with some of the breakthroughs that we are now seeing, we can beat alzheimers over the next number of years. Under my administration, we would invest billions, tens of billions of dollars to advance Alzheimers Research because when someone gets alzheimers, it is not just that person, it is the family. That stretches on for years and years. We have to do more to help our families that are struggling with alzheimers. Thank you very much for the question. [applause] just that you know, my brother is a Clinical Psychology professor, so i feel very strongly about this. I talked to researchers in the field, and they do things that can make Real Progress in the next number of years. Thank you for being here. Thank you for taking my climate question earlier. Some thing also want to talk about, it is the great crisis of our time. I wonder if u. S. President would instruct your Justice Department you as president would instruct your Justice Department to legally challenge oil and Gas Companies and make them pay for the damage they are doing to our communities, because right now it is taxpayers footing the bill. Thank you. [applause] it is one big reason why we need to put a price on pollution or a price on emissions. So this is one of the great problems in american life, that if you are a company and make money and the cost is borne by the public, you dont feel it. So what we have to do is build in the costs of emissions into the fossil fuel companies, the oil and Gas Companies. If you had to put a price tag on Climate Change, what is that going to cost us . Trillions and trillions of dollars. Someone said everything, which might be right. Thousands and thousands of american lives. So how do you actually get all of that cost on to the bottom lines of the companies that are helping speed of Climate Change . That is what putting a price on carbon is all about erie it in some cases there might even be higher thresholds of damages, and it is not just with the oil and Gas Companies. It is with the Drug Companies that initiated the Opioid Epidemic that has ravaged so many communities. It is with the gun manufacturers all of these companies have made money in ways that have had some kind of social cost and they dont have to actually bear that cost themselves. So that is something we have to do our best to change. This is part of what modernizing the economy is about. If you have an industry that is incurring some largescale social cost, we have to make sure that you are sharing that cost and not just leaving it to us the taxpayers. I love where you are going with this and i agree that the oil and Gas Companies need to bear a much higher part of what they are causing in terms of emissions and Climate Change. [applause] all right. All right. First of all, bedford, give it up one more time for andrew yang. [cheers and applause] there you go. We have a limited time. This is a small state until you get in your car. We are off to hampton and dover it four tomorrow we do more times and the whole thing. So we only have 10 minutes now, so lets see we can do some gathering here. We will be hardpressed to get everybody in a photo, but lets do something quick, informal, be nice to each other. Get some photos with the next president , we have some interviews after that, and go to our staff here if you can volunteer, phone call, door knock, anything you can. Thank you, bedford. We will see you soon. [inaudible conversations] [inaudible conversations] thank you all for being here. Im very impressed. Thank you. [laughter] thank you, thank you. [inaudible conversations] 1, 2, 3. Its very nice to meet you. Thank you for being here. That was the most incredible question i have ever heard. I want to get in on this. [laughter] thank you very much. And thank you to your parents, they are very smart. [inaudible conversations] its a pleasure meeting you. 1, 2, 3. We appreciate it. [inaudible conversations] thank you so much. [inaudible conversations] thank you. Thank you. Everybody, all right. [inaudible conversations] thank you. [inaudible] 1, 2, 3. Thank you, man. I appreciate it. [inaudible] we have to go, im sorry. I wanted to shake your hand. Im very appreciative of what you are doing. Now more than ever. [inaudible conversations] welcome. [inaudible] and i am happy you are here. Thank you. [inaudible conversations] what is your Winning Strategy and how do you motivate people to get them to come out . How do you deliver the request to help them get excited . If you look at the candidates in the field, not many of them are actually paving the way forward. The message of the Fourth Industrial Revolution, [inaudible] [inaudible conversations] thank you for coming today, ok . Thank you. [inaudible] [inaudible conversations] [captions Copyright National cable satellite corp. 2020] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] [inaudible conversations]