Enlarge Image Andrew Yang

Andrew Yang is out as a 2020 presidential candidate.

The Silicon Valley entrepreneur and political activist said in a Facebook post on Monday that he is no longer running for president after meeting with family doctors, family farmers and small business owners who told him they were "fed up" with the current US administration's policy of separating families at the US border and weak economic indicators, like unemployment and inflation, indicating a higher rate of personal debt.

"I believe it's time for a breath of fresh air, and it is important for our country to finally recover the values and core beliefs that made us so special and a beacon of light to the world," Yang wrote in his post. "It's important that we rethink our policies for people from across the world, for business owners, for those of us who are parents and who live in the rust belt."

Yang announced his bid for president in August, joining a growing group of Democratic politicians that consider not only the current president, Donald Trump, but the Republican party in general as insufficiently progressive or woke to solve economic, social and geopolitical concerns. Other candidates in the 2020 race include Sen. Bernie Sanders (I-Vermont), Sen. Elizabeth Warren (D-Massachusetts), Los Angeles Mayor Eric Garcetti and Rep. Beto O'Rourke (D-Texas).

Yang used his post to talk about a number of current issues that his fellow politicians heeded his advice on: combating cybercrime; building a progressive tax code that eliminates taxes on corporations and billionaires, and taxes on companies that outsourced jobs; and fighting climate change and building a "more inclusive economy."

Yang cites his voter base of working-class Americans from Michigan, Illinois, Indiana, Ohio and Pennsylvania as the driving force behind his decision to leave the race after working for six months to develop his message and organize an infrastructure for a 2020 campaign.

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