[AGL] Andrew Yang?

[Charles Loving]

There are a few experiments in this free money idea. Alaskans get oil money
do they not. How has that played out? Scandinavians get some sort of
stipend or so I think?
There was an old adage that if you had 100 people and gave them all a
dollar after awhile one of them would have all or most of the dollars.

On Tue, Jul 16, 2019 at 8:00 PM Frances Morey <frances.morey at gmail.com>
wrote:

> 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
>>>
>>
>>

-- 
Charlie Loving
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