Calling horse manure of Delong

 Sahm: GET MORE MONEY OUT—Noted

I understood why professional Republican economists Were opposed to expansionary fiscal policy from 2009 to 2013: they thought that multipliers were small, government debt was expensive,

At the end of the Obama era the Fed was collecting 100 billion in taxes, remits,  all through the regulated banking system with a tax on collateral.  How well did it work? Not well as we can see from the chart:

See the red line, that is California and that is why the recovery was slow. Look closely and we see the same thing happening today.

How much in Fed taxes should the middle class of America pay to bailout California?

That is not a multiplier greater than one, and Brad is running a scam. Money is not loose, if money were loose then why is Powell planning a tax upwards toward 150-200 billion?  Money is tight, the Swamp is broke and needs taxation without representation to survive. Lying about the problem does not help, the word is out, Brad's little scam is collapsing. Newsom blundered if he thought a federal bailout is coming his way.

Same crap from Project Syndicate:

The Post-Pandemic Recovery’s Missing Link

It is not trust that is missing.  It is an actual attack, taxation without representation, and more than 30% of us know it, and most of the elite know it, they just lie about it. It is the sole cause of rebellion, all throughout American history and we see that same thing, using the right to coin to collect taxes on the middle class.  Know amount of trust will hide that fact, there are no series of Project Syndicate coverups that put lipstick on this pig.

Horse manure everywhere:

(Reuters) - This week’s economic data offers fresh hints that the U.S. recovery will slow without new federal aid, a possible blow to President Donald Trump’s reelection bid, especially since any new spending before the Nov. 3 presidential election seems unlikely.

This weeks economic data tells me to expect Federal Reserve taxes to go up past 150 billion a year.  It tells me the rebellion will grow until out Keynesian economists figure out the taxation without representation issue.  They seem quite clueless. 

Why is fiscal support weak?  Government is broke, mostly because the banks are collapsing under the weight of the tax and shadow banking is growing by leads and bounds while the middle class gets booted from their credit accounts.

What is happening is greed, greed on the part of Keynesian economists who want the public sector pensions preserved intact. They are will to violate fundamental rights to get this done. If you want an example, look at California. The union have literally abandoned the US Constitution and gave become a rogue state. And the middle class is commanded, without a vote, to bail the California unions? Get real.