Democrat presidential candidate Andrew Yang dropped out of the presidential race on Tuesday after early returns from the New Hampshire primary showed another poor outing for the far-left candidate.
“I am a numbers guy,” Yang told The Washington Post. “In most of these [upcoming] states, I’m not going to be at a threshold where I get delegates, which makes sticking around not necessarily helpful or productive in terms of furthering the goals of this campaign.”
“If I become persuaded that there’s a particular candidate that gives us a superior chance of beating Donald Trump, and I think it’s important to make that opinion known, then I would consider it for sure,” Yang continued. “Anyone with a crystal ball would have regarded Iowa as a bit of a sinkhole. If we could do it over again, of course, we would not have sunk so much energy and time and resources in Iowa. We would have been fighting it out here in New Hampshire. And then we probably would have been on the air in Nevada or South Carolina.”
Yang added, “I’m not someone who wants to take people’s donations, support, time and dedication if I don’t think we have a chance to win or advance our goals in the right direction.”
Yang’s signature proposal was called “The Freedom Dividend” which offered to give every American $1,000 per month for a total of $12,000 per year.
The Daily Wire highlighted Yang’s history and political views in an in-depth profile piece in September:
Andrew Yang, an entrepreneur and philanthropist, is a candidate for the 2020 Democratic Party presidential nomination. Yang, who is the only 2020 Democratic presidential candidate to appear on Daily Wire Editor-in-Chief Ben Shapiro’s “Sunday Special” podcast series (video below), is one of the more heterodox candidates in the present 2020 Democratic field. Yang’s proclaimed public policy stances often mirror those in many of his more traditional competitors’ platforms, but his campaign’s signature policy is a universal basic income proposal — which Yang calls a “Freedom Dividend” — whereby every American receives $1,000 a month. His campaign is thematically centered around his entrepreneur background and is focused on restoring, as Yang sees it, the American dream. According to recent 2020 Democratic presidential polling, Yang polls at 0-3% support.
Yang, who would become the first Asian-American nominee for a major American political party if successfully nominated, lives in New York City with his wife Evelyn and their two children. His parents are Taiwanese immigrants.
Yang, who has never before sought political office, is a graduate of Brown University and Columbia Law School. He briefly worked in private law practice before switching his career trajectory to specialize in the start-up and venture capital space. In 2009, Yang founded the nonprofit group Venture for America (VFA), which describes itself as a two-year fellowship program for recent graduates “who want to work at a startup and create jobs in American cities.” Yang’s work with VFA was lauded by the Obama administration.
Read the full report on Yang here.
This report has been updated to include additional information.