[AGL] Andrew Yang?

[Frances Morey]

I'm reading his book right now. This may be explained. If more people were
making money, and every dollar spent into the economy undergoes a
multiplier effect to become $15. Huge corporations that pay no taxes need
to contribute their fair share given that their activities are putting
millions of people out of work. It is both levelling the playing field and
accelerating the economy to a higher level. I look for him to explain it
better in the next debate.
Best,
Frances

On Tue, Jul 16, 2019 at 7:45 PM Michael Eisenstadt <eisenstadt0 at gmail.com>
wrote:

> 250,000,000 adults times $12,000 comes to 3 trillion dollars. The national
> GDP of the US is around 17 trillion dollars (per year). The Federal budget
> in 2015 was $3.8 trillion. Yang's plan would require almost doubling the
> Federal budget. The proposal seems wildly unrealistic.
>
> On 7/16/2019 1:53 PM, Frances Morey wrote:
>
> Yang is for instituting taxation of major corporations who pay Zero Taxes.
> It is the new Anti-Trust effort.
> Best,
> Frances
>
> On Tue, Jul 16, 2019 at 1:26 PM Michael Eisenstadt <eisenstadt0 at gmail.com>
> wrote:
>
>> Frances,
>>
>> Andrew Yang is for giving everybody $1000 a month. Just like the
>> Townsend Plan during the depression in the 1930s. Townsend Plan
>> stipulated that the money had to be spent, not saved. That would restore
>> prosperity. It was never tried. Maybe this time.
>>
>> Mike
>>
>
>
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