Mitchell’s laws: ●The more budgets are cut and taxes increased, the weaker an economy becomes. ●Until the 99% understand the need for federal deficits, the upper 1% will rule. ●To survive long term, a monetarily non-sovereign government must have a positive balance of payments. ●Austerity = poverty and leads to civil disorder. ●Those, who do … Continue reading –I’m really surprised to find myself disagreeing with Marshall Auerback about minimum wage