Twitter: @rodgermitchell; Search #monetarysovereignty
Facebook: Rodger Malcolm Mitchell
●The more federal budgets are cut and taxes increased, the weaker an economy becomes.
●Austerity is the government’s method for widening the gap between rich and poor, which ultimately leads to civil disorder.
●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.
●Those, who do not understand the differences between Monetary Sovereignty and monetary non-sovereignty, do not understand economics.
●The penalty for ignorance is slavery.
●Everything in economics devolves to motive, and the motive is the gap.
The “red” (right-wing) states’ strong desire for self-mutilation has been a puzzle. Consider this recent article:
In Georgia, Lawmakers Taking Pride in Policies That Hurt the Poor
Georgia has taken the lead in the mad dash to thwart the Affordable Care Act (ACA) and prevent poor people from accessing health care.
Last week, Governor Nathan Deal (R-GA) signed into law two bills that ensure the state won’t be expanding Medicaid any time soon, and that make it decidedly more difficult for people to gain coverage under the ACA.
Like many other states that refuse to participate in Medicaid expansion, Georgia isn’t faring so well by most socioeconomic indicators. The poverty rate, which now hovers around 20 percent, is 50 percent higher than it was in 2000. Nearly two million Georgians do not have health coverage, ranking the state fifth nationally in numbers of uninsured.
More women in Georgia die of pregnancy-related causes than women in all but two other states.
Polls show that 59.6 percent (of Georgians) disagree with the state’s refusal to participate in (Medicaid) expansion.
Add to that the fact that refusal to participate will cost the “red” states many billions of free federal dollars, and one must ask, “What the hell is going on?”
Why would people intentionally self-emasculate? The answer, in a word, is bigotry.
(President) Nixon’s political strategist Kevin Phillips:
“From now on, the Republicans are never going to get more than 10 to 20 percent of the Negro vote and they don’t need any more than that…but Republicans would be shortsighted if they weakened enforcement of the Voting Rights Act.
“The more Negroes who register as Democrats in the South, the sooner the Negrophobe whites will quit the Democrats and become Republicans. That’s where the votes are.”
And there it is. The bigots are all too ready to cut their own noses, so long as they can spite black faces. Bigotry, not self-interest, rules the “red” states.
And therein lies a solution. Since these people are so easily manipulated by bigotry, let’s manipulate. For instance:
As we noted in The BIG LIE and the Highway Trust Fund, the politicians tell voters the BIG LIE that there isn’t enough federal money to build highways (“. . . the Obama administration warned 700,000 jobs tied to the fund and its uncertain future are at stake.”)
IF (big “IF”) the Democrats really want those highways built, and to give themselves yet another election talking point, this is what they should do:
Offer billions in federal road-building funds only to those states that create plans showing how a sizable amount of those funds will go to middle- and lower-income residents. And (this is the important part) call the program “Obamaroad.”
The conservatives will lie like Pinocchio, that this will increase the “debt,” and it’s “unsustainable” and will cause “hyper-inflation.”
But there will be a savings. The “red” states won’t participate, and won’t get any money. And their roads will deteriorate (aka “just desserts”).
Or, we could have “Obamaschool,” in which the federal government gives billions to those states that create plans for improved K-16 education of the middle and lower income groups.
How about “Obamahome” to states that create improved housing for lower income residents.
And then there could be “Obamasave”, in which the federal government gives billions to states that eliminate sales taxes and cut income taxes for lower income groups.
Oh, you get the idea. The right wing hates blacks, browns, aliens, gays, women . . . well, virtually everyone but WASP men. The Democrats should use this bigotry as a method for advancing a social agenda.
In brief, the plan is this:
1. Create a program that benefits blacks, browns and financially needy people.
2. Offer billions only to states that agree to create plans to implement the program.
3. Name the program “Obama-something.”
It may take a while, but eventually the “red” state voters will figure out that bigotry doesn’t pay.
Sure, it’s cynical.
Rodger Malcolm Mitchell
Ten Steps to Prosperity:
1. Eliminate FICA (Click here)
2. Federally funded Medicare — parts A, B & D plus long term nursing care — for everyone (Click here)
3. Provide an Economic Bonus to every man, woman and child in America, and/or every state a per capita Economic Bonus. (Click here) Or institute a reverse income tax.
4. Free education (including post-grad) for everyone. Click here
5. Salary for attending school (Click here)
6. Eliminate corporate taxes (Click here)
7. Increase the standard income tax deduction annually
8. Increase federal spending on the myriad initiatives that benefit America’s 99% (Click here)
9. Federal ownership of all banks (Click here)
10. Tax the very rich (.1%) more, with much higher, progressive tax rates on all forms of income. (Click here)
10 Steps to Economic Misery: (Click here:)
1. Maintain or increase the FICA tax..
2. Spread the myth Social Security, Medicare and the U.S. government are insolvent.
3. Cut federal employment in the military, post office, other federal agencies.
4. Broaden the income tax base so more lower income people will pay.
5. Cut financial assistance to the states.
6. Spread the myth federal taxes pay for federal spending.
7. Allow banks to trade for their own accounts; save them when their investments go sour.
8. Never prosecute any banker for criminal activity.
9. Nominate arch conservatives to the Supreme Court.
10. Reduce the federal deficit and debt
No nation can tax itself into prosperity, nor grow without money growth. Monetary Sovereignty: Cutting federal deficits to grow the economy is like applying leeches to cure anemia.
Two key equations in economics:
1. Federal Deficits – Net Imports = Net Private Savings
2. Gross Domestic Product = Federal Spending + Private Investment and Consumption – Net Imports
THE RECESSION CLOCK
Vertical gray bars mark recessions.
As the federal deficit growth lines drop, we approach recession, which will be cured only when the lines rise. Federal deficit growth is absolutely, positively necessary for economic growth. Period.
12 thoughts on “–One cynical solution to the widening GAP”
I think your plans are missing some important features.
First, you have to promise that people can keep their existing roads and schools and houses, if they want, even though the law will require virtually all of them to be eliminated.
Second, you have to have exemptions so that big-time Obama contributors can keep their existing roads and schools and houses, even though they will become illegal.
And, finally, you have to pass the law without it ever being voted upon by the House of Representatives.
Then your plans will be perfect.
Hey, it’s cynical day, what can you expect?
LoL John, you really do partake in too much conservabubble news.
never passed in the house. How lazy can you be?
The Dems are corrupt and stupid, but the Cons are corrupt, rascist, dangerously religious and wishfully ignorant, which begs the question, why on earth would you support Cons?
All plans cancelled? Really? Turn off Fox news already.
Was that the vote on the “Slaughter Rule”, to allow the Senate Bill to be “deemed” to be passed? Or the vote on the changes to the Senate bill, which the House wanted but never went to conference?
Mine was cancelled, along with everyone else at my employer, and my former employer. I got offered a different one to replace it, of course, like everyone did. Different coverage, higher deductible and higher premium. The old one was gone, because it was no longer legal under the ACA. I think this pretty much happened to everybody, unless by a stroke of luck they already had a plan that met the new requirements.
1. Nothing happened to “everybody.” Some people paid more; some paid less. Parents were able to cover children up to age 26, and poor people received coverage.
2. If you were one of those who paid more for less coverage, it’s because of the BIG LIE that the government had to do a revenue neutral program.
Tell your Senator and Representative to tell the truth: The government doesn’t need revenue neutral plans. It merely should provide comprehensive (A, B & D) Medicare for every man, woman and child in America.
Don’t accept the BIG LIE.
It’s not about whether ACA was good or not, or even whether it was fair or not.
The point is that it is not what was promised.
That’s what you need to do for your school plan and road plan and house plan, you have to tell the same lies about them that were told about ACA, and make the same payoffs to your powerful supporters so that they will not be affected, and you can continue to receive their monies. Then they will be perfect plans.
So long as the name is “Obama [something], rather than Romney [something], and benefits blacks and browns, it would serve the purpose.
Speaking of ACA, I think the law should have been Medicare for every man, woman and child in America. But given that, would you say that the people of America are better off or worse off, because of ACA?
Yes they are better off but Medicare for all would have been better or at least the option to have Medicare. This would have put more competition on the table.
This plan is way too smart for Dems.
Really super attempt :”Name the program “Obama-something.”
But all you will get is “Obama-nothing”
I stand corrected: You may get a committee “to investigate” for 2 1/2 years.
National leaders in any country don’t really get to do whatever they want, whenever they want. The sames goes for corporate leaders, schools, or any kind of large agency or organization, anywhere. They most likely have to answer to some people behind the scenes who give the orders, their New World Order puppet masters in the shadows. There isn’t just one shadow master either, but competing factions of shadow masters who all mostly have the same agenda, but not 100% the same as they fight amongst themselves sometimes.
exactly, and why do we call them our leaders when they’re really followers of the invisible power structure?