Radiance3

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Ladies and gentlemen, may I correct myself. The $2 billion must be $2 trillion. I work like a humming bird flickering my wings so fast but I made mistake, sorry.

permafrost Loc: Minnesota

For decades america was prepared for this disaster.. then along came the orange one and put a stop to all that crap and now after he dithered and dickered for a few weeks we start with next to nothing..

No pr********n....it is all on trump..

permafrost Loc: Minnesota

Good morning Radiance..

At no point do I expect the right wingers to accept reality..

The passed bill was forced to contain some excellent and needed safeguards detested by right wingers..
IE, trump and other government worms can not get the same loans as big corporations are given.. good.

of course all this was nearly derailed by a republican congressman who forced a recorded v**e rather then the phone v**e that was planned a/c the v***s. dozens had to retrun to washington just to cast one v**e.

I know that you right wingers are all over the edge on nearly everything and are unable to see reality.. so no point in trying..

If you have one or two specific claims, let me know, we may talk it over..

But do have a good day.. great up here, but rain coming later...

enjoy and be safe..

Radiance3

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Frosty, I need to address you on two specific blunders.
1. The bailout for corporations was bigger because it has the biggest impact to recovery of our economy due to millions of its employees that need to return back to work. These companies are the lifeblood of our economy. They need to go back to operation on all of its types of industries, and hire back the laid off employees. Besides, they will start manufacturing our daily essential products, which are out of stock in the market at present. Whereas, the hired back employees will then stop claims for unemployment insurance, and the stimulus will stop rationing them cause they are back to normal earnings.

One thing I would advise to all, is try their best to save for the rainy days. So that when disaster like this happens, you still have the strings to pull out for support. That's what I did when I was working.

2. The major derailment was caused by Pelosi when she added swampy projects of hers like the PP funding, the Endowment for the Art additional funding, the i*****l a***n funding, the Kennedy Center funding, the NPR and CBS funding, the EPA provisions on Air Line industries, and many others.

The fact of the matter is Pelosi is the number one polluter, when she traverse daily to her San Fran district populated by most homeless and drug addicts, and diseases and trash polluting the ocean in the West Coast. Her 33 years in Congress she created massive homeless in her district. She stinks.

Now, I think there is an added $200 billion to the Stimulus to pacify her mouth and to calm her down thus she finally approved. This should have been approved last Monday March 23rd, but her derailment lasted until Friday.

That GOP 1 Congressman is out of touch, and he will be evicted from the party. He derailed the process just 1 day compared to Pelosi's 4 days.

Anything else? Have a good day.

permafrost Loc: Minnesota

Hi radiance,

are you trying to defend supply side economics? It does not work, has never worked and will never work.. best that can be said is it give a short term serge, but fails over time.. It

1---it would seem that is time of a strong economy, business would have no problem with funding after a month long shut down..

But I will go along with guaranteed loans.. we have other things to consider..

2---again, Pelosi blocked a bad bill with the strategy that republicans would not pass a bill with the amendments you mention.. she proved correct.. none of them were in the version which passed to my knowledge, if you have other information.. a post would be in line..

Pelosi plane.... the has been going on from 2007 and countless times has been cleared up..

she uses the same plane that her predecessor used.. the type plane has been ordered from the 90s i think..
at one time the security leader Livingood,,?? was concerned because the small plane can not always fly coast to coast.. so a larger plane was proposed about 2007 or a bit later. that was not needed and she uses the small plane normally..

She had a row with trump and he took her plane away.. some months ago..

I think all returned to normal when the great usage of government planes by the trump family for private use was pointed out..

So, just as the accusations of drinking which shamefully were made by Minnesota's own congress woman Bachmann, all is false.. and only right wing lies perpetrated by some of the most evil right winger on earth..

You have a bad opinion of Pelosi because the right wing leaders have told you to.. they very much fear Nancy and would love it if she could not point out the evil doing of the GOP position on nearly everything is wrong and self serving..not for America..
the "extra" 200 billion is for working people and much needed.

yes the GOP congressman was acting out revenge.. typical for the sort of people the GOP puts in office.

fullspinzoo

You're so full of spit.

bylm1-Bernie

I have to disagree with you, Frosty. Supply side economics, as you call it, not only works, it is the only thing that does work. One problem with you Keynesians is that you think corporations or businesses only want to salt any money away and hoard it from everyone. That's not the way it works. Capitalism encourages the re-investment into the means of production, or growth. Do you know any poor people who have taken money to start a business or increase it. Very few. When the poor person buys, it eventually gets back around but at a very slow pace. It takes a long time. When a businessman invests in growing his business, it results in his hiring people who then spend their incomes on other goods and services. Sure, he makes a nice income for himself but so do many others who are employed. It's called the multiplier effect. Free market capitalism is very effective for lifting people out of poverty. You have to get over the notion that it isn't fair because the entrepreneur makes multiples of the worker. That is class envy. The entrepreneur also takes all of the chances. He puts everything on the line and takes on lawsuits. Why should he not make more money? If fairness is everybody making the same amount, then you would be better off supporting socialism like Bernie S. Take a few minutes and watch some old videos of Milton Friedman.

bahmer

Amen and Amen

bylm1-Bernie

I don't know what to tell you, Rad. It appears that l*****ts just will not ever come around to seeing how economics works. I always ask myself why they can't see that America has grown from nothing to the strongest country in the world in 250 years with a system that doesn't work. Those who preach Socialism still feel it is the way to go even though it has never worked anywhere. Nice try anyway.

Michael Rich Loc: Lapine Oregon

Very well stated.

Radiance3

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This is becoming interesting. But I am losing my nerve because Frosty defends the wrong side of the aile. I'll discuss later about your Pelosi.

1. Supply side economic has been used and was even implemented by president Reagan called the Trickle Down Economy. This is macro economic formula.

Supply side economics or the Trickle-Down economics most actively used during president Reagan’s tenure which resulted to the US as the number one wealth producing country in the world. That is providing incentives to save and invest that produce economic benefits that trickle down to benefit the overall economy. In general, the supply-side theory has three pillars: tax policy, regulatory policy, and monetary policy.

He popularized the controversial idea that greater tax cuts for investors and entrepreneurs provide incentives to save and invest, and produce economic benefits that trickle down into the overall economy.
More incentives by providing capital into the economy incentivize economic growth.

2. Currently because of our economic crisis due to the C****a v***s, it is essential that the government need to using the Keynesian theory. Why? Because our depressed economy needs assistance decided by the government. That is the president Trump and Sec. Mnuchin decided to inject $2 trillion to combat the C****a v***s crisis.

Now that we are caught on this unprecedented crisis we never anticipate, our lives, our economy, are in danger. This is war with unseen forces, the v***s, and our healthcare workers are on the front line fighting this war.
The need to economic stimulus on this crisis requires the government a Keynesian theory economic. The $2 trillion Emergency fund we used the Keynesian style but that is only temporary until our fight with this v***s is gone. Then we go back to the Trickle Down.

Radiance3

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Please read my reply above to Permafrost. It provides the difference between Supply side or Trickle Down to the Keynesian theory.

permafrost Loc: Minnesota

Hi Bernie..

Heard this many times.. I would or at least could agree with you if reality matched the model

But I know of no time or place that it did work..

Henry Ford made his nation changing industry by understanding you had to have buyers, and created the well paid 40hr week for his workers..the demand then made him rich..

Ron Reagan famously pushed trickle down and had to steal the SS saving increase, moved to the general fund to save his administration..

Much or Rons actions were changed by Papa Bush in order to extend the growth beyond the 6 year life..

Shrub Bush again gave it a try and strongly contributed to the great recession which challenged the world for years..

In trumps case, he was gifted with a recovered and strong economy and again did the standard act of piling a mountain of money where it was not needed..

So the money went not to reinvestment, but to stock buy backs, personal wealth and individual gains..

the result was not the surge of growth promised but a simple continuation of what had been in motion for 7 years. then the money was gone, investment nil, 7 of top 10 economies in the red, our own treading water and then the c****av***s-19 jumped on the world..

No pr********n, no buildup of needed supplies, no se******n of weapons to fight a long expected and dreadful emergency or economic set back.. nothing but a few very wealthy minorities and hysteria among the citizens who see nothing but calamity ahead..

OH, if only the book people were right..

By the way, I see the writing of Milton Friedman as one of the most important factors in the change during 80s, when labor, rather then being seen as part of a 3 part effort of capitalism became in the eyes of corporations nothing but an adversary to the goal of the bottom line. While equity was considered the vital component..

About it for today... stay safe and have a fine evening..

bylm1-Bernie

You're quite right, Rad3. I don't claim to be a top-notch economist but I do have degrees in econ. Of course supply-side works. It has been working for years. Your cites above are correct. However, you will find that there are still those who won't accept that and apparently Frosty is one. It should be noted that there are many other factors that affect the economy. The idea with supply side is an encouragement to businesses to produce and hire more people. It was often said in the 80's in defense of supply side that money doesn't "trickle up" or "How many jobs were you ever offered by a poor person." Nevertheless, there is a Keynesian school of thought and I doubt if we're going to be able to dispel. Makes for an interesting discussion though, doesn't it.

Tug484

He's all that kept AOC from doing the same thing because she intended to.
And Pelosi actually made them work 115 seconds today.
They sure get a big salary for that malarkey.