There were times when America was great.

We were great when George Washington bravely led us in the Revolutionary war to free ourselves from a tyrant.

We were great when Abraham Lincoln bravely led us as we fought to free the slaves during the Civil war.

We were great when Franklin Roosevelt bravely led us as we fought to free Europe and China during WWII.

We were great when Lyndon Johnson bravely led us as we passed the “Great Society programs, with the twin goals of freeing the poor and people of color from poverty and racial injustice.

But now . . .

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And I promise that you poor people won’t have food!

Total Trump food-stamp cuts could hit up to 5.3 million households
The Trump administration has proposed three changes this year to the federal food stamp program, one of which was adopted last week by the U.S. Department of Agriculture and would deny food stamps to nearly 700,000 Americans.

The two other proposed rules would make it harder for people across the country to qualify for food stamps and reduce aid eligibility for Americans in cold-weather states.

A total of about 2.2 million households could lose access to government food assistance, while another 3.1 million may see reduced benefits, a recent analysis found.

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“And now, you poor people won’t have health care, either!”

Trump administration announces Medicaid overhaul proposal
The Trump administration on Thursday announced a Medicaid overhaul that would let states cap their spending on health benefits for many poor adults.

The decision would give states the option of curbing coverage for millions of Americans given access to the program through the Affordable Care Act, former President Barack Obama’s health-care reform law.

“Government has a solemn responsibility to provide for the most vulnerable among us,” said Seema Verma, the administrator of the Centers for Medicare and Medicaid Services.

“Part and parcel of that responsibility is making sure the Medicaid program is sustainable.”

Democrats and consumer advocates said the move would jeopardize access to medical care for millions of people. [The New York Times, NBC News]

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Aw, heck, we’ll just cut everything that benefits you, the non-rich!

Trump Budget Deeply Cuts Health, Housing, Other Assistance for Low- and Moderate-Income Families
FEBRUARY 14, 2018
BY SHARON PARROTT, AVIVA ARON-DINE, DOTTIE ROSENBAUM, DOUGLAS RICE, IFE FLOYD, KATHLEEN ROMIG
Less than two months after signing massive tax cuts that largely benefit those at the top of the economic ladder, President Trump has put forward a 2019 budget that cuts basic assistance that millions of families struggling to get by need to help pay the rent, put food on the table, and get health care.

The cuts would affect a broad range of low- and moderate-income people, including parents, children, seniors, and people with disabilities.

Taken together, the cuts are far deeper than any ever enacted and would deepen poverty and hardship and swell the ranks of the uninsured.

The budget also scales back efforts to promote opportunity and upward mobility, such as by cutting both job training and programs that make college more affordable.

These cuts fly in the face of the Administration’s rhetoric about expanding opportunity for those facing difficulties in today’s economy and helping more people work.

Today, as Donald Trump leads us, we have lost our greatness We have become a selfish, fearful, uncaring, mean-spirited, bully nation, whose primary political purpose is to enrich Donald Trump, his family, and the upper .1% income group.

We take from the poor and give to the rich. We deny the poor basic human rights. We hide behind ever-higher walls, refusing to lend aid to desperate families. We turn our backs on the needy and the powerless. We carry guns to protect ourselves from our neighbors.

In the past, we were brave; now we are cowards. We were generous; now we are mean. We were giving; now we are greedy. We were compassionate; now we are cruel.

We were great; now we are small.

We have lost our greatness. We no longer are America.

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Rodger Malcolm Mitchell
Monetary Sovereignty
Twitter: @rodgermitchell
Search #monetarysovereignty Facebook: Rodger Malcolm Mitchell

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The most important problems in economics involve:

  1. Monetary Sovereignty describes money creation and destruction.
  2. Gap Psychology describes the common desire to distance oneself from those “below” in any socio-economic ranking, and to come nearer those “above.” The socio-economic distance is referred to as “The Gap.”

Wide Gaps negatively affect poverty, health and longevity, education, housing, law and crime, war, leadership, ownership, bigotry, supply and demand, taxation, GDP, international relations, scientific advancement, the environment, human motivation and well-being, and virtually every other issue in economics.

Implementation of Monetary Sovereignty and The Ten Steps To Prosperity can grow the economy and narrow the Gaps:

Ten Steps To Prosperity:

1. Eliminate FICA

2. Federally funded Medicare — parts A, B & D, plus long-term care — for everyone

3. Provide a monthly economic bonus to every man, woman and child in America (similar to social security for all)

4. Free education (including post-grad) for everyone

5. Salary for attending school

6. Eliminate federal taxes on business

7. Increase the standard income tax deduction, annually. 

8. Tax the very rich (the “.1%”) more, with higher progressive tax rates on all forms of income.

9. Federal ownership of all banks

10. Increase federal spending on the myriad initiatives that benefit America’s 99.9% 

The Ten Steps will grow the economy and narrow the income/wealth/power Gap between the rich and the rest.

MONETARY SOVEREIGNTY