The “Medicare for All” controversy Saturday, Sep 26 2020 

Because I have Medicare coverage, I received in the mail, my copy of “Medicare & You, 2021.”   Feel free to read it by clicking the link.

Though it is a huge book, about 140 pages long, describing many Medicare rules and coverages, it is not comprehensive. Medicare rules are complex, and there is much more a person needs to know.

For instance, individual states have separate rules, so many questions need to be answered by individual state representatives. And all the costs must be found elsewhere.

There may be three people on earth who have read and understand all the Medicare laws — or maybe not even three.

Here is Medicare’s brief summary:

To Qualify For Medicare:
If you’re already getting benefits from Social Security or the Railroad Retirement Board (RRB), you’ll automatically get Part A and Part B starting
the first day of the month you turn 65.

If you’re under 65 and have a disability, you’ll automatically get Part A and Part B after you get disability benefits from Social Security or certain disability benefits from the RRB for 24 months.

If you live in Puerto Rico, you don’t automatically get Part B. You must sign up for it.

If you have ALS (amyotrophic lateral sclerosis, also called Lou Gehrig’s disease), you’ll get Part A and Part B automatically the month your Social
Security disability benefits begin.

If you don’t want Part B, let us know before the coverage start date on your Medicare card. If you do nothing, you’ll keep Part B and will have to pay Part B premiums through your Social Security benefits. If you choose not to keep Part B but decide you want it later, you may have to wait to enroll and pay a penalty for as long as you have Part B

Summaries of benefits:

And this doesn’t even touch on the ten (!) different “Medigap” plans that cover some of what original Medicare doesn’t. The descriptions of these ten plans begin on page 71.

And then there are the numerous Medicare Part D (prescription drugs) plans.  We won’t even get into the convoluted, complex rules, and various coverage alternatives described on pp 75-85.

Another of the big problems with the Medicare, Medicare Advantage, Medigap, and Part D program is: You cannot know which plan is best for you.

The reason: You don’t know what your health situation will be in the coming months and years. You are forced to guess. So if you choose a plan that doesn’t cover your future misfortune, you’re out of luck.

Further, if you have a serious condition, and wish to change Medigap plans, you may not be able to find one that will accept you.

There are a great many limitations on who and what the various Medicare plans will cover, and none of it is free. You supposedly pay for it as part of your payroll taxes. We say “supposedly,” because every penny you pay in any federal taxes — payroll, income, etc. — every penny is destroyed upon receipt.

So you pay needlessly for incomplete, complex plans. Additionally, Medigap and Part D require separate, out-of-pocket premiums.

In short, unless you are a rocket scientist who also can see the future, you probably can’t have the plan that’s best for you.

There is a better way. In addition to eliminating the useless and regressive payroll tax, Medicare itself can and should be improved.

Here is a suggested summary of a Medicare for All plan:

To Qualify for Medicare for All:
You are a citizen of the United States, or you have lived in the United States and its territories, for at least 6 months in the previous calendar year.

Summary of the benefits:
1. You can go to any doctor or hospital that is accepted by Medicare for All, anywhere in the world.
2. You do not need a referral to see a specialist.
3. All medical services, including doctor, hospital, medically necessary services, and pharmaceutical costs (including dental, vision, and periodical examinations and treatments are covered by Medicare for All. There are no co-pays, deductibles, or out-of-pocket costs.
4. No pre-approvals are necessary.
5. There are no cost-limits.

That’s it. There is no need to determine which plan is best for you. The one plan is comprehensive. The federal government will pay for everything.

And lest you think such a plan will be too costly, remember this: The U.S. federal government is Monetarily Sovereign. That means it has the unlimited ability to pay for anything. It never can run short of dollars.

Proof of that is occurring right now, as this year the federal government has pumped an additional $4 trillion+ into the economy to help America survive the economic costs of the COVID-19 virus.

The more the federal government spends, the more economic stimulus the economy receives.

And no, federal spending never causes inflation, which always is caused by shortages, usually shortages of food or energy. Those notorious Zimbabwe and Weimar hyperinflations were caused by scarcities, not the resultant money-printing.

Then, we come to Congressional fear of insurance companies. These companies are nothing but middlemen between you and your healthcare providers.

They bribe your Congressional representatives to maintain the status quo. They add nothing; they merely pass your money along, while extracting a piece for themselves.

Original Medicare eliminated some of the insurance middlemen. It now is time to eliminate the rest.

Finally, we come to the dreaded word, “socialism.” Although the vast majority of Americans favor Medicare and its benefits, any expansion and simplification of these benefits is immediately and wrongly attacked as “socialism.”

It isn’t socialism. Socialism is government ownership and control over resources, not government spending. Medicare and Social Security are not socialism. The biggest example of socialism in America is the U.S.

military. Shall we do away with the military?

The VA hospitals, the federal highway system, NASA, the FBI and CIA are socialism. Shall we do away with them?

The “socialism” epithet is a lie when applied to Medicare for All. It is a lie designed to keep you from having the same healthcare the rich have.

Bottom Line
The United States has one of the worst medical programs of any major nation. The reason solely is due to debt fear-mongers who falsely proclaim that federal spending is “unsustainable.”

Given the federal government’s unlimited access to dollars, a simpler, more comprehensive health-care plan, totally funded by the federal government, can and should be instituted.

The fact that America doesn’t have one is a disgrace. We have a whole suite of expensive, yet inferior, incomplete plans, foisted on us by Congressional and Presidential cowardice and ignorance.

You deserve better.

Rodger Malcolm Mitchell

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

THE SOLE PURPOSE OF GOVERNMENT IS TO IMPROVE AND PROTECT THE LIVES OF THE PEOPLE.

The most important problems in economics involve:

Ten Steps To Prosperity:

  1. Eliminate FICA
  2. Federally funded Medicare — parts A, B & D, plus long-term care — for everyone
  3. Social Security for all or a reverse income tax
  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

A serious healthcare problem. The simple healthcare solution. Thursday, Sep 24 2020 

Here are excerpts from a September 24, 2020 Email written by Sen. Dick Durbin, in which he eloquently expresses today’s most serious healthcare problem:

On November 10, just one week after Election Day, the Supreme Court will hear arguments in a case in which the Trump Administration and Republicans are arguing that the Affordable Care Act should be struck down in its entirety. 

If the Supreme Court does what the Trump Administration and Republicans are asking it to do, an estimated 20 million Americans would lose their health care coverage. 

Millions of Americans with pre-existing conditions would lose protections that the Affordable Care Act grants them against discrimination by insurance companies. 

Young adults up to age 26 would no longer be able to stay on their parents’ health insurance. 

Medicare would face insolvency sooner, and seniors could be charged more for prescription drugs.

And hospitals, especially in rural areas, would see significant revenue and job losses.

At this moment, in the middle of a global health pandemic, it is almost unimaginable that Republicans are trying to wipe out the critical health care protections in the ACA.  But that’s what they are fighting for in this case.  

You can’t afford my treatment because you voted Republican?

President Trump and Senator McConnell are ignoring the voice of the American people and are trying to rush a nominee onto the Supreme Court before this critical case that will decide the future of Americans’ healthcare. 

Considering all that is at stake, the American people’s voices should be heard and Justice Ginsburg’s last wish should be honored – no confirmation before inauguration.

In short, the healthcare problem is that a conservative Supreme Court, a Republican Congress, and a Republican President want to damage America’s already-shaky, expensive healthcare system.

The GOP’s purpose — their sole purpose — is to satisfy Trump’s maniacal urge to erase anything associated with Barack Obama.

Although Trump repeatedly has promised you a “better” program that will insure all Americans, in almost four years of his administration, no such plan even has been formulated or proposed, much less enacted. It’s all a Trump lie.

This is yet another example of how the GOP, the “party-of-the-rich,” attempts to make the rich richer by widening the wealth Gap between the rich and you.

The rich easily can afford to pay for their known and their unexpected healthcare costs, even without federal support.

Can you?

These are costs for the “average” person. If you have an impossible-to-predict health catastrophe, your healthcare spending may be far higher. Second, the above figures assume that healthcare costs in the future increase at the same rate as inflation. But in the last two decades, healthcare costs have increased twice as fast as inflation

You have, however, a solution: Vote Trump and the GOP Congress out. Their Democratic replacements will vote to provide healthcare insurance for every man, woman, and child in America.

No longer will you have to worry about the potentially disastrous costs of healthcare. No longer will you have to worry about whether you will receive care at all.

Your doctor will be paid. Your hospital will be paid. And you will receive the same care as the rich receive.

The cost can be borne entirely by the U.S. federal government, which being Monetarily Sovereign, has the unlimited financial ability to pay for anything, without levying taxes.

If you have logical concerns about your ability to qualify for, and fund, affordable healthcare, today and in the future, you now can do something about it: Vote the GOP out.

There was a time when the GOP cared about the poor and middle-income people. Today’s GOP is different. It has been taken over by the uncaring rich.

Even if your family and your friends always have voted Republican, even if, for whatever reason you hate Biden and the Democrats, there is a simple, smart financial choice available to you.

Make the wrong choice and you’ll be slapping your forehead for the rest of your life. You never will forgive yourself, and your kids never will forgive you.

Make the smart choice and you’ll be able to relax in confidence, knowing that all your, and your family’s known or unexpected healthcare costs will be paid for.

Vote. Vote smart.

It’s that simple.

Rodger Malcolm Mitchell

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

THE SOLE PURPOSE OF GOVERNMENT IS TO IMPROVE AND PROTECT THE LIVES OF THE PEOPLE.

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. Social Security for all or a reverse income tax
  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

Who wins the stupidity wars? Friday, Apr 3 2020 

Who wins the stupidity wars?

RUNNER STUPIDITY.png

And the winner is . . .

We’ve grown accustomed to Trump’s idiocies — his claim that he will replace Obamacare with “something great” (though he had no plan and still doesn’t), and that he “saved pre-Existing conditions in your healthcare” (while he goes to court to destroy the very program that offers coverage for pre-existing conditions).

OK, so that’s the Trump/FoxNews/BreitbartNews “Say stupid” system for eliminating any credibility the conservative movement once had.

Lately, amidst all the daily lies coming from the right, we had Georgia Governor Brian Kemp claiming on April 1, “. . . we didn’t know until the last 24 hours”  that people can be asymptomatic throughout the (COVID-19) disease and still spread it.”

(Fortunately, stupidity itself can be spread only when people are symptomatic.)

Sen. Blackburn — no genius

And now, we have Senator Marsha Blackburn (R-TN), whose latest contribution to right-wing stupidity is this:

Blackburn: China ‘Should Waive Some of Our Debt’ — ‘They Have Made a Global Pandemic Worse’

The United States owes nearly $1.08 trillion to Mainland China. Senator Marsha Blackburn (R-TN) argues China should consider waiving some of that debt given the communist nation’s role in the spread of the COVID-19/coronavirus.

The so-called federal “debt” is the total of deposits into Treasury Security Accounts held at the Federal Reserve Banks. This is China’s money, held by the U.S. government for safekeeping, at the direction of China.

Is Sen. Blackburn really suggesting that China give the U.S. government a few billion dollars? Does she not know that the U.S. government, being Monetarily Sovereign, has the unlimited ability to create dollars.

Does she not realize that China. like the U.S., is Monetarily Sovereign, so it too has the unlimited ability to create its own sovereign currency, which it can exchange for all the dollars it needs.

For China to give U.S. dollars to the U.S. federal government would be like you pouring a 1/100th thimbleful of water into the Pacific Ocean. It wouldn’t punish you and it wouldn’t reward the Pacific Ocean.

“One of the things is my Senate Resolution 553, which it expresses the sense of the Senate — that we know this came from Wuhan, China, and that they hid the information and were not transparent, that they blocked the World Health Organization and the CDC from coming into help.

“They tried to blame it on the U.S. military. And we hold them accountable.”

Clearly, Sen. Blackburn does not understand the irony of her statement.

It was her peerless leader, Donald J. Trump, who “hid the information and was not transparent,” and it is was Donald J. Trump who fired the U.S. pandemic response team in 2018.

And after first denying that there has been a slow response to the virus, Trump now blames impeachment for the slow response to coronavirus.

Perfect . . . as perfect as Trump’s famous phone call.

“I will tell you I think we need to look at the fact that China owns over a trillion dollars of our debt,” she said. “They like investing in us. Why do they like that? Because we are a safe debt for them — a safe place for them to put their money.

And knowing that they have made a global pandemic worse than it ever would have been because of their action — they should waive some of our debt.

They have caused us a tremendous amount of loss of life, loss of businesses, suffering, inconvenience, shutting down our economy.”

Yes, T-deposits are a safe place to put their U.S. money; safety is one reason why the U.S. provides for the deposits. That safety helps stabilize the dollar, which benefits us.

But, if Sen. Blackburn wants China (unnecessarily) to give the U.S. government some U.S. dollars, what does that have to do with the deposits?

China could (unnecessarily) send a billion, or even a trillion U.S. dollars to the U.S. government, just by pressing a computer key. This has zero relevance for the so-called “debt.”

Another component the Tennessee Republican argued for on the accountability front was to bring elements of manufacturing back from China to the United States.

“These are all things that we should take into consideration — bringing our manufacturing back, not only our pharmaceutical manufacturing — I was working with one of my colleagues today,” Blackburn explained. “There are other things we can bring back and put America back in the manufacturing business.”

“I told the Vice President the other night — I said, ‘Look, we should take my bill and some others that are focused on manufacturing and call it the MAMA Act — Make America Manufacture Again,’” she said. “And bring these jobs back to U.S. shores.”

And the purpose of “putting America back in the manufacturing business” is to what?

To increase our consumer prices, by forcing Americans to pay more for goods?

Or, to send U.S. dollars to a U.S. government that doesn’t need dollars?

Or, switch America to more manufacturing employment, which is far more vulnerable to pandemics than, for instance, online businesses?

We have borrowed $2 trillion to stabilize our economy.

China will turn around and buy that debt. They’ll buy that. That’s where they’ll park their money. They’ll buy those bonds. They’re going to end up enriching themselves through a problem that they caused.”

First, “we” (the federal government) didn’t borrow anything. We accepted deposits. We don’t need the dollars. We create all we need at the touch of a computer key.

Second, China parks their dollars there, as a safe, trading convenience. It’s good for us and it’s good for them. It helps stabilize the U.S. dollar.

Third, those deposits do not “enrich” China.

So Sen. Blackburn’s entire argument is a ballad to ignorance. She has absolutely no idea about how federal finances work, apparently believing they are like personal finances.

About the only thing I can say in defense of yet another bit of conservative obtuseness is that the liberals can be, and often are, stupid, too.

It’s just that beginning with “Dubya” Bush, and now Trump leading the conservative team, they have a huge, unfair advantage in the stupidity wars.

Because Trump says something stupid almost every day, we need to refresh our memories,  with this, this, this, this, and this. In the stupidity wars, Trump is the big gorilla  — the dumb one.

And then, if you add the conservatives’ dumb bigotry against everyone who is not a native-born, American, white, Christian, old male, having native-born, American, white, Christian parents, there really is no contest.

Conservatives win by a parsec.

And hey, who needs Medicare for All, anyway?

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

…………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………..

THE SOLE PURPOSE OF GOVERNMENT IS TO IMPROVE AND PROTECT THE LIVES OF THE PEOPLE.

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

How Trump reacts to the first crisis of his administration by “Making America Great Again” Friday, Mar 20 2020 

And here you thought that a frequently bankrupt TV actor, surrounded by incompetent and crooked friends, who has a serious allergy to the truth, would not be up to the task, when a crisis arrived.

Well, the crisis has arrived, and weren’t you the surprised one.

Here is what Ryan Cooper of THE WEEK said:

The United States has faceplanted on every single aspect of the response.

Our health care system is a bitter joke. We do not even have universal coverage, and what coverage we have is a usurious, fragmented, Kafkaesque nightmare that routinely bankrupts people who get sick.Image result for big lie

Part of the problem is that the conservatives have been promulgating the Big Lie that Medicare, and especially Medicare for All, is some sort of socialist plot.

And the populace which, understandably is clueless about federal financing, believe the lie, so they vote against their own best interests.

Heaven forbid that a Monetarily Sovereign government, having unlimited access to money without levying taxes, should fund health care for all the men, women, and children in America.

Better to build a useless Wall against much-needed Mexican immigrants (See: Mulvaney says US ‘desperate’ for legal immigrants to boost economy) than to fight a deadly disease, according to Donald “We’re not a shipping clerk” Trump.

By making legal immigration so difficult, Trump has set the economy up for failure.

Continuing with excerpts from Cooper’s article:

President Trump’s direct response has also been horrifically bungled.

We still do not have enough tests at least two months after we should have had them. He has not secured supplies of vital equipment like masks and ventilators, and hospitals are already running short.

He did not even start activating the Army Corps of Engineers until a couple days ago.

Hospital ships that Trump boasted were on their way turned out to be docked for maintenance and will take days to get moving.

An economic support measure (which contains some emergency paid leave and unemployment insurance provisions that are worse than what most European countries have in normal times) is bogged down in Congress.

And keep in mind that most of the European governments are monetarily non-sovereign, meaning they do not have unlimited access to money, and so must pay for everything out of taxes.

Yet somehow, they manage to spend more to benefit their citizens than does the U.S. government.

Perhaps worst of all, Trump, Republican politicians, and right-wing media consistently downplayed the epidemic for weeks as it gathered strength.

As the virus quietly spread through the population, Trump was still claiming “The coronavirus is very much under control in the USA,” and conservative media was claiming it was no worse than the flu.

Just in the last few days, Republican hack propagandists like Sean Hannity have pivoted on a dime from “I see it, again, as like, let’s bludgeon Trump with this new hoax,” to “this program has always taken the coronavirus seriously. We’ve never called the virus a hoax.”

The only people surprised by Donald (18,000 lies) Trump’s repeated misstatements are the Fox News addicts, who also believe what truly evil men like Sean (forked tongue) Hannity, and Russ “the coronavirus is the common cold” Limbaugh tell them.

At any rate, this all suggests the sketch of a broad policy agenda to fix this outbreak and head off future ones.

First, the wretched American health care system needs to be sharply augmented on an emergency basis and eventually replaced with something that actually works, like Medicare-for-all.

This is Step 2. of the Ten Steps to Prosperity: Federally funded Medicare — parts A, B & D, plus long-term care — for everyone

There are zero reasons for not doing this. The four false reasons are:

–It would increase the federal deficit and debt, which as readers of this blog know, are false reasons because the federal government can support any size deficit and debt, even without collecting taxes.

-Federal spending would cause inflation, which is false because federal spending never causes inflation (not even in Zimbabwe or in the Weimar Republic). Inflation always is caused by shortages, usually shortages of food and/or oil.

–It’s socialist. This one may be the most ignorant of all. It’s the same objection that was leveled at the original Medicare. First, socialism is federal ownership and control over resources. Medicare for all would be funding, not ownership and control. And if you don’t like federal funding, then close down the government, for that is all the government does: Fund things. That’s the whole purpose of government.

–There would be long waits for medical services. The people who say this are merely saying that they want poor people to do without medical services. If the money is available, the services will be created.

Medicare for All should be implemented now, today, simply by lowering the age requirement. That is how to “make America great again,” not by wall-building.

Second, the federal government is in shambles and needs a total overhaul. To start with, we should copy Taiwan’s pandemic systems so that response teams and supplies are always ready to go on a moment’s notice.

More broadly, state capacity, which has been gutted by decades of conservative austerity, anti-science, and anti-expertise dogmatism, must be rebuilt across the board.

Conservatives have insisted for decades that the government is all but useless, and today we are all paying the price.

Third, Trump should be turned out of office and the conservative movement should be comprehensively defeated politically.

It turns out there are some serious downsides to having a narcissistic reality TV host in charge of the country.

Oh, he’s not just a narcissistic reality TV host. He’s much less than that. Here is what he really is.

In summary, rather than MAGA, our Hitler wanna-be is doing everything he can to turn America into a backward banana republic, ruled by incompetent criminals and family members, and led by a ruthless, lying psychopath (Yes, Trump really is a psychopath. He flunks the Hare Psychopathy Checklist-Revised, which is used to diagnose the presence of psychopathy).

But the people most at fault are not the criminals, incompetents, and family members. The people most at fault are Trump’s followers, who despite all the evidence smacking them in the face, continually excuse his every act of evil.

As Trump himself bragged, they even would excuse him if he shot someone on 5th Ave.

Why?

In Hitler’s case, the Germans had been beaten during WWI, and were being punished financially by the allies. Germans, angrily licking their wounds, desperately needed two things: Scapegoats and a leader who would punish the scapegoats.

So along came Hilter who appealed to their fear, anger, and bigotry by promising to punish the scapegoats (Jews), and to make Germany great, again.

In America, the adult white population was resentful of the Mexicans, other people of color, foreigners, and the poor, who were “being given preference for everything” and who were going to be “running the country.”

So along came Trump, who promised to punish those minorities and aliens, who were being “given preference.”

He appealed to the pent-up bigotry of the “religious” whites, and now, despite his obvious failings, hatred has overcome reason, which has led to this incredible statistic:

An ABC News/Ipsos poll released Friday reports that 55 percent of respondents approve of Trump’s management of the public health crisis, while 43 percent disapprove.

The latest figures represent a boost in the president’s rating from the previous iteration of the survey, published one week ago, which showed only 43 percent approval for Trump and 54 percent disapproval.

And this brings us to the famous quote by H.L Mencken:

“No one in this world, so far as I know — and I have searched the records for years, and employed agents to help me — has ever lost money by underestimating the intelligence of the great masses of the plain people.

“Nor has anyone ever lost public office thereby.”Image result for trump as pied piper

And now, the great masses of plain people, will suffer and suffer and suffer, because they have allowed their fears and hatreds to overcome their eyes, and ears, and common sense, and ignorantly follow the Pied Piper to their doom.

Ignorance has its penalties

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

…………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………..

THE SOLE PURPOSE OF GOVERNMENT IS TO IMPROVE AND PROTECT THE LIVES OF THE PEOPLE.

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

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