“Compared to the extant social welfare system, the UBI has some pluses.”
Not the way Yang wants to do it.
He was also on the “Medicare for all” bandwagon
If, IF, by UBI you mean abolish, medicare, Medicaid, Social Security, Welfare, WIC, EIC, Student Loans, Pell Grants, and Food Stamps; there are some plusses. The problem is he wanted, at least from what I could read keep all the other stuff and add this on top.
That isn’t UBI, it’s buying votes
Also, with a UBI there would be no rationale for legislating a minimum “living wage”. I’m aware that, in the real world, the UBI would be an add-on, and no extant programs would be curtailed.