Are the Republicans really that stupid, or is it something more sinister?

Canadian truckers have decided not just to inconvenience everyone, but to cost themselves money, and to risk the lives of their neighbors, and to risk their own lives, and to cost Canada billions, if not trillions — all to demonstrate, with abject stupidity, that they either don’t accept the word of doctors or don’t like obeying laws.

My advice to the truckers is: If you get COVID, don’t see a doctor. See a trucker. They must know more than the doctors.

The problem with stupid people is they are too stupid to understand that they are stupid. No truth penetrates. They are incapable of differentiating fact from conspiracy, so they get their information from such grotesque lie disseminators as QAnon, Tucker Carlson, Alex Jones, Fox News, and proven psychopath, Donald Trump. 

The stupids refuse not only to protect themselves with a vaccination, but they refuse to protect others, not because they are mean-spirited, but because they, very simply, are stupid.

The Capitol Riot Now Looks Like a Rehearsal for the End of Democracy -  Variety
“Legitimate Political Discourse”

They want to arrest Dr. Fauci for telling them to protect themselves with vaccines and masks (How dare he!)

When you see videos of the attempted coup, which continues even today, remember that the stupids say it was “Legitimate political discourse.”

And, notice the American flags among the Trump flags. Those Stupid Party fools actually believe waving a flag makes them patriots.

Sorry, but being a flag-waver (or hugger) doesn’t make you a patriot any more than holding up a bible in a photo op makes you religious.

Thank you, God': Trump revels in reign as absolute king of CPAC | Donald  Trump | The Guardian
Draft dodger claims to love America but says killed U.S. soldiers were “suckers.”

Seldom been in a church. First time he’s touched a bible.

 

 

 

 

 

 

 

 

 

 

Barely a day passes without some prominent Republican doing or saying something stupid. Here is a message a GOP Presidential hopeful has promulgated for more than eight months.

DeSantis sells anti-Fauci t-shirts as Florida Covid death toll hits 38,000

July 14, 2021: Florida governor Ron DeSantis has released a new range of merchandise with slogans targeting Anthony Fauci, as well as requirements for face masks.

Two drink koozies and a t-shirt featuring the words “Don’t Fauci My Florida” and “How the hell am I going to be able to drink a beer with a mask on?” are among the items on sale.

This is what passes for clever humor in stupidland.

“You don’t want to miss out on this,” the DeSantis campaign wrote on Twitter on Monday.

“Shop the store and support your favourite freedom-loving Governor NOW”.

Freedom to die, apparently, as Florida has seen more than 66 thousand people die of COVID and an above-average rate per thousand. Compare that with the outrage about the September 11, 2001 attacks that killed about 3 thousand people.

If you were the governor of a state that had lost 66 thousand of its citizens, wouldn’t you do everything possible to protect their lives? Not stupid DeSantis.

DeSantis, like Trump, directs his lies to the least intelligent among us, the real stupids who believe everything nonsensical, so long as it contains a modicum of liberal bashing.

He’s not only outlawed mask mandates and discouraged vaccines, but he hired a stupid, mask and vax denier, Florida Surgeon General Dr. Joseph Ladapo, who sets a perfect example for Floridians by refusing even to say whether he himself has been vaccinated.

This dummy even refused to wear a mask in Sen. Tina Polsky’s office, though she is trying to recover from breast cancer, and must avoid infection. Why won’t he wear a mask when she asked him to? He just didn’t want to, and didn’t care that he was risking her life.

Would you act that way in a sick person’s office?

And he’s a doctor!!!

Fauci has been one of the sane voices in this entire calamity. So, of course, the Republicans want to fire him, or arrest him, or do something more awful to him, just because he’s tried to speak truth to them.

(There’s nothing a Republican hates more than truth. See: What you need to know about Trump’s weekend of election lies and January 6 whitewashing)

And then there’s this bit of stupidity from the leader of the stupids and America’s #1 traitor and rabble-rouser

Fascism: Trump vows pardons for Jan. 6 seditionists, calls for nationwide protests if indicted

Trump: “If these radical, vicious, racist prosecutors do anything wrong or illegal, I hope we are going to have in this country the biggest protest we have ever had in Washington D.C., in New York, in Atlanta and elsewhere, because our country and our elections are corrupt. They’re corrupt.”

Who Are The North Texans Charged In Capitol Riots?
It’s the prosecutors who are “radical, vicious, and racist,” not these “good people.”

Trump is not angry at the people who committed mayhem in attacking Congress and threatened its members. He’s angry at the Committee that is trying to uncover the facts. They are the ones who are “radical, vicious, and racist.” Stupid.

And when even butt-kissing Lindsey Graham said, the rioters should “not be forgiven,” Trump (who was hiding safely in Mar-a-Lago during the attempted coup) called Graham a “RINO.” (That’s Trump’s favorite word for anyone who disagrees with him.)

Sorry, Lindsey, but you forgot the 6 rules of Trump. Rule #2: Eventually, Trump will stab you in the back.

Of course, Trump doesn’t consider Congress to be as important as a statue. He wrote:

“I have authorized the Federal Government to arrest anyone who vandalizes or destroys any monument, statue or other such Federal property in the U.S. with up to 10 years in prison, per the Veteran’s Memorial Preservation Act, or such other laws that may be pertinent.” Donald J. Trump (@realDonaldTrump) June 23, 2020

Trump’s followers stupidly agree that a statue of a Confederate general (a traitor on a horse) is far more important to democracy and America than are Congress and the Presidential election.

Then there’s the GOP’s Sen .Ron Johnson who continues to set records for stupidity by disseminating false information about virtually everything: He said he trusted the MAGA domestic terrorists over Black Lives Matter protestors, and while spreading Russian disinformation, is lately is being laughed at for his false claim about how Greenland got its name.

He may be America’s most stupid Senator, but he’s in a close match with Sen. Tom Cotton of Arkansas., who claims with zero evidence or expertise that COVID is a Chinese communist plot.

And let’s not forget Olympic champion of stupid, Rep. Marjorie Taylor Greene’s (R-Ga.), who claimed the violent mob of Donald Trump supporters who attacked the U.S. Capitol on Jan. 6, 2021, just wanted to talk to their representatives. (She also said Hitler’s secret police were “the gazpacho.”)

We would be remiss if we didn’t mention former Democrat, now Republican Sen. John Kennedy, who after becoming a Republican, has delivered tons of truly stupid bull manure including this doozy: After retracting his false claims about Hunter Biden in Ukraine, he went on CNN, and claimed Ukraine was the real country meddling in the 2016 election.

And then there is who might be not only the most stupid man in Congress, but the most stupid man who ever has been in Congress, Republican Sen. Rand Paul. Here is just one example of his dopiness:

“With regard to the idea of whether you have a right to health care, you have to realize what that implies. It’s not an abstraction. I’m a physician.

“That means you have a right to come to my house and conscript me. It means you believe in slavery.

“It means that you’re going to enslave not only me, but the janitor at my hospital, the person who cleans my office, the assistants who work in my office, the nurses.

“I’m a physician in your community and you say you have a right to health care. You have a right to beat down my door with the police, escort me away and force me to take care of you?

“That’s ultimately what the right to free health care would be.”

That is what a prominent Republican, a man Republican voters support, says: Your having healthcare will enslave him.

This post could be 100 times its current length, and still, it wouldn’t begin to cover the rampant stupidity in America, today. We like to view with derision, the stupidity exhibited by the populace in some banana-republics, or even in Europe or Asia.

We always have puffed up our chests and claimed we are the “most” and the “greatest,” and everyone should follow our example.

Well, guess what folks. We now have joined the most stupid with the greatest stupidity, and it seems we are setting a perfect example for the world.

Or . . . are the Republican pols engaged in something even worse than stupidity?

The ostensible purpose of a government is to improve and protect the lives of the populace. the

But that is not the goal of today’s Republican party. This is not the party that gave you Social Security, Medicare, Medicaid, the Affordable Care Act, the Civil Rights Acts, the Voting Rights Acts, food stamps, unemployment insurance.

The Republican party is bereft of ideas that benefit the populace. Instead, the Republicans focus on two goals:

  1. Benefitting the rich at the expense of the middle and the poor
  2. Winning elections by taking advantage of America’s peculiar minority-rule laws.

Of the last six Presidential elections, the Republicans have won the popular vote in only one (George Bush).

In 2016, Trump lost the popular vote by nearly 3 million votes, but won the election. He did even worse in 2020, when he lost by 7 million votes, but whines that he really won and falsely claims the election was “rigged.”

During Trump’s four-year term, his major accomplishments were:

  1. Failure of his dozens of attempts to repeal Obamacare (which continues to grow in popularity).
  2. Overturning many Obama-era regulations that protected the populace (Example: Ended an Obama regulation that prevented coal-mining companies from dumping debris and waste into nearby streams. Rolled back financial disclosure requirements for energy firms. Gave states the ability to drug test recipients of unemployment benefits, repealed an Obama rule prohibiting the mentally disabled from purchasing firearms.
  3. Major tax cuts for the rich

At this point, you may believe that I have described the stupidity of the Republican Party. If so, you would be wrong, for I believe the GOP has been quite clever, though in a evil way.

For historical reasons, having to do with compromises necessary to get the original states’ agreement to join the United States, America does not use majority-rule election systems.

Cities, counties, states, and even the federal government, including the President, are elected by complicated methods that award extra power to numerical minorities of voters.

Gerrymandering, Senate rules, and the electoral college system have resulted, for instance, in the Supreme Court being 2/3 right-wing, despite the nation being slightly left-wing.

An even more telling example is abortion, where a slight majority of Americans favor it, but the Supreme Court, most of whose members claim to be conservative (i.e. conserve existing law), have decided to be activist as well as cruel, so seem intent on changing the laws allowing abortion.

A clue to Republican strategy is seen in this chart:

Religious and Moral Beliefs Linked with Abortion Views
FROM PEW RESEARCH CENTER

The educated favor abortion. The uneducated and the religious, people who are less likely to deal with facts and more likely to obey emotions, oppose.

Major religions, despite their claims of morality and virtue, are nothing more than giant cults, where the most important factor is not fact but belief.

The rantings and fables of QAnon and Fox News are neither more nor less based on fact than are the various saints, miracles and gods of the major religions. The highly pious are tend to be accustomed to acceptance above analysis.

Thus, when Trump claims, despite all evidence, that he actually “won” and election he lost by 7 million votes, his religious followers believe with all their hearts and souls, and no amount of factual information will dissuade them.

After all, no scientific evidence will convince a believer that the virgin birth is impossible. 

Trump, despite (or because of) being irreligious himself, cleverly understands this.

The Republicans, rather than developing ideas about benefits for the masses as their vote motivators, have focused on emotional motivators: Hatred and fear of “others.”

This is why conspiracy theories, which are fact-deficient, and based on intuition and emotion, find such traction among the religious right-wing, and it is why lies and craziness are not deal-breakers for those Republican voters.

One of the most puzzling social science findings in the past half century is the Easterlin paradox:

Economic growth within a country does not always translate into an increase in happiness. We provide evidence that this paradox can be partly explained by income inequality.

In two different data sets covering 34 countries, economic growth was not associated with increases in happiness when it was accompanied by growing income inequality.

Earlier instances of the Easterlin paradox (i.e., economic growth not being associated with increasing happiness) can thus be explained by the frequent concurrence of economic growth and growing income inequality.

These findings suggest that a more even distribution of growth in national wealth may be a precondition for raising nationwide happiness.

Being more concerned with power and with the happiness of the rich, rather than the power and happiness of the middle or poor, the Republicans focus on income inequality, aka Gap Psychology (the human desire to widen the Gap below you and to narrow the Gap above you).

Rather than trying to help the middle and lower-income/wealth/power groups, as the Democrats do, the Republicans execute the opposite: They cater to the rich with tax breaks and, importantly, they create anti-poor resentment in the middle, lower-middle, and even the lower-income groups by fomenting hatred of those receiving anti-poverty aid.

The Republicans effectively blame the Democrats for narrowing the Gap below the middle classes, and for widening the Gap above the middle classes. Thus, they are able to generate hatred of Democrats for supporting immigrants and lower-income ethnic groups.

The rich get money and everyone else gets outrage, a potent combination.

SUMMARY  The cult-like, Republican base, being less affluent, less educated, and more religious, is accustomed to accepting myths and lies. To them, faith and belief are more influential than facts.

To them, Trump’s repetition of the lie that the election was stolen, needs no evidence. The Trumpers have faith.

Trump Republican pols are able to lie with impunity because they encounter very little blowback. Conspiracy theories abound in the GOP-world, and powerful media like FOX and Brietbart, cynically foster such belief.

Further, the Republican base revels in the notion that their “saints” help them rebel against control, which is why Canadian truckers, against their own best interests, do what they can to endanger everyone around them.

The rich segment of the Republican voters don’t care about the lies and myths so long as the tax breaks keep coming.

In the eyes of logical thinkers, the Republican myths are ridiculous (“How can the right-wing voters believe such nonsense?”), but right-wing, conspiracy theories are no more ridiculous than typical religious myths.

The Trump-Republicans (Trumplicans) cynically have learned that:

  1. Over the short time of elections, fear and hate are far stronger than compassion, and myths are far stronger than facts.
  2. Winning elections is more important than benefitting the people.
  3. The rich always will run America, and they will pay handsomely for the privilege.

So the GOP focuses efforts toward those most responsive to myths, toward gerrymandered voting rules, and toward the rich.

How “stupid” is that?

In answer to the title question, “Are the Republicans really that stupid, or is it something more sinister?” it’s not the Republicans who are stupid. It’s the people who vote for Republicans; they are the stupids.

They give the charlatans their precious votes, and in return receive nothing, while the Gap above them widens every day.

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
  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

Does the Republican Party really exist anymore?

Accredited Cockroach Pest Control & Removal in Melbourne
No more, my favorite
Imagine walking into your favorite restaurant — a restaurant you have frequented for many years — only to discover it’s under new management, and the tables are covered with flies, roaches, and filth. Will you still eat there just because you always have? I had to answer that question five years ago. Before that, I mostly had voted Republican. But then my favorite political party came under new management, and indeed it has become covered with flies, roaches, and filth. The new Republicans claim to be “conservatives,” with the word “conserve” being in opposition to the word “change.” What are conservatives? The are many opinions about this. One opinion comes from The Intercollegiate Studies Institute (ISI).
It is a nonprofit educational organization that promotes conservative thought on college campuses. It lists the following six as its core beliefs: limited government, individual liberty, personal responsibility, the rule of law, free-market economics, and traditional Judeo-Christian values. ISI was founded in 1953 by Frank Chodorov with William F. Buckley Jr. as its first president.
Yet, does that Republican Party, led by William Buckley, still exist? The following article, from Scientific American, describes one aspect of the new Republican Party:
Elected officials who campaigned against critical race theory (CRT) (the study of how social structures perpetuate racial inequality and injustice), are being sworn into office all over the U.S. These candidates captured voters’ attention by vilifying CRT, which has become a catch-all to describe any teaching about racial injustice. Lessons about the genocide of Native Americans, slavery, segregation and systemic racism would harm children, these candidates argued. Calling its inclusion divisive, some states have enacted legislation banning CRT from school curricula altogether. This regressive agenda threatens children’s education by propagating a falsified view of reality in which American history and culture are outcomes of white virtue. It is part of a larger program of avoiding any truths that make some people uncomfortable, which sometimes allows active disinformation, such as creationism. Children are especially susceptible to disinformationas Melinda Wenner Moyer writes in “Schooled in Lies.” Removing conversations around race and society removes truth and reality from education. This political interference is nothing new—political and cultural ideologues have fought for years to remove subjects such as evolution, Earth history and sex education from classrooms and textbooks.
That is today’s Republican party, preaching “limited government, individual liberty, and personal responsibility“, but voting for government book-burning with regard to racial history. “Limited government”? “Individual liberty”? Is that today’s Republican Party? Or does the following better describe today’s Republican Party?:
Many of the school districts that brought in anti-CRT board members are the same ones that refuse to mandate masks, despite the evidence that masks can prevent the spread of COVID. These school officials also rail against vaccine mandates as a violation of personal choice. It is the same prioritization of individuals over community and a discomfort with hard truths that characterize the movement against the teaching of true history.
Or, perhaps this is the real Republican Party: Newt Gingrich, a former House speaker and candidate for the Republican presidential nomination, stoked outrage on Sunday by predicting members of the House committee investigating the Capitol attack will be imprisoned if Republicans retake the chamber this year.
One of two Republicans on the committee, Liz Cheney, said, A former speaker of the House is threatening jail time for members of Congress who are investigating the violent attack on our Capitol and our constitution. This is what it looks like when the rule of law unravels.”
The rule of law” once was a cornerstone of Republican politics. But no more. That rule is gone. Now, it is “the rule of Trump.” Or perhaps more accurately, the cornerstone of the Republican party now is, the rule of Trump’s lies.” Some of his doozies, according to Updated 9:28 AM ET, Sat January 16, 2021, were:
  1. It never rained on his inauguration. (It poured)
  2. The coronavirus is under control. (Never was)
  3. Sharpiegate (Alabama never was threatened)
  4. “The head of the Boy Scouts called him “to say my address to the Scouts’ National Jamboree was “the greatest speech that was ever made to them.”  (No such call ever was made._
  5. Rep. Ilhan Omar supports al Qaeda. (Ugly, bigoted lie.)
  6. The US for years had a $500 billion annual trade deficit. (Never even reached $400.)
  7. Big, burly men repeatedly came up to him crying tears of gratitude. (No record of it ever happening).
  8. He didn’t know anything about a $130,000 payment to porn performer Stormy Daniels. (He personally reimbursed Cohen, who made the payment.)
  9. He claimed to end family separation at the border. (He ended his own policy of family separation after the public uproar.
  10. Claimed Biden would destroy protections for people with pre-existing health conditions. (This was part of Obamacare that Trump tried for years, to destroy.)
  11. Claimed got the Veterans Choice program passed after other presidents tried and failed for years. (It was a lie. When asked about it,  he left the room).
  12. “They say” the noise from windmills “causes cancer.” (This was just one of his many, many “they say” or “people tell me” lies.)
  13. Trump’s big health care plan was eternally coming in “two weeks.” (It never arrived, just as his many other plans and announcement never arrived.)
  14. Claimed he was named “Michigan Man of the Year.” (Never happened, though he claimed it more than 100 times.
  15. And the winner is: “I won the election.” (It didn’t happen. Fifty judges, many Republican, said it didn’t happen. Recounts said it didn’t happen. Republican election officials said it didn’t happen. And he lost the popular vote by 7 million, a huge difference.)
St. John's Church: Trump photo op at DC church has bishop furious - Vox
Trump being religious
And remind me, wasn’t it Trump who promised to show his tax returns and to put his holdings into a blind trust? He lied, of course, as he always does. He’s still fighting to preserve as much of that secrecy as he can. And, you may have thought bearing false witness was a violation of Republicans’ “traditional Judeo-Christian values.”  Apparently, those religious values are limited to his holding up a bible for a photo op, (after gassing protesters to make way for him.) Today’s Republican Party makes excuses when they resort to “whataboutism” to justify Trump’s firehose of lies.  Getting back to the Republican claim of “individual liberty,” it doesn’t apply to women, particularly poor women, who want an abortion. Rich women always can get abortions, but poor women must resort to coat hangers, because the new Republican Supreme Court denies them individual liberty. And then there is the conservative desire for “free-market economics,” which really means, free-market economics for the rich. That’s why during the Trump administration, the rich received monster tax cuts while the poor and middle classes received next to nothing. And finally, we come to “personal responsibility.” It’s the Republican excuse for trying to destroy Obamacare and for voting against, Medicare for All and the Build Back Better plan. This is an example of what 100% of Republican Congresspeople oppose:
  • Free preschool for 3-4-year-olds
  • Child-care financial aid
  • Financial aid to care for the elderly or disabled
  • Increased child tax credits
  • Clean energy tax credits and investment
  • Investment in coastal renovation, forest management, soil conservation
  • Cost reduction for prescription drugs
  • Reduced premiums for Obamacare
  • Close the Medicaid coverage gap
  • Medicaid hearing benefits
  • Investment in affordable housing
  • Expanded Earned Income Tax Credit for low-wage employees
  • Funds education beyond high school
  • Expands funding for low-income children’s meals
  • Funds reduced immigration backlog
Not only do 100% of Republicans oppose these programs you could have had, but 0% of Republicans offer nothing of their own. The Republicans have no plans. They even failed to come up with a platform ahead of the past election. What was once the “party of ideas” has become the “brain-dead party,” the party whose sole objective is to oppose anything that could benefit America’s working class. Republicans now firmly are the party of the rich, the party of the cruel, the party of the bigot, the party of the lie, the traitor party, the fear-mongering party, the xenophobe party, the paranoid party, the party that forged election documents in order to destroy our democracy, the traitor party of Donald Trump. Any opposed to this new Republicanism are censured, ostracized, “primaried,” and removed from committee positions. Astoundingly, virtually all Republican politicians and many Republican voters continue to support Trump’s lies. They continue to eat at their once-favorite restaurant because they always have. Trump has convinced the naive that the poor, the middle-classes, the black, the brown, the yellow, women, and the gay are a danger to America. This, from the traitor who encouraged a coup, and continues to resist America’s peaceful transfer of power. If you traditionally have voted Republican, know this. The party that now calls itself “Republican” is no more. The ideas and ideals for which you once voted have been destroyed. Your vote no longer means “Republican.” It no longer means “conservative.” It now means “Trump.”Food | Food and Wine | Food and Restaurants | Daily Telegraph Vote Republican and you are patronizing that restaurant you once loved but now is filled with vermin — the restaurant that no longer exists as you remember it. . . 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
  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

MMT’s divorce from reality: Jobs Guarantee and inflation fear

Modern Monetary Theory (MMT) is a cousin to Monetary Sovereignty (MS), in that both concepts acknowledge the indisputable fact that the U.S. federal government’s ability to spend is not constrained by the availability of funds.
Modern monetary theory and Monopoly money : r/wallstreetbets
Neither the federal government nor any federal agency can run out of money unless Congress wants it to. Federal “Trust Funds” are a lie to prevent you from receiving federal benefits.
In short, the Monetarily Sovereign federal government cannot run short of dollars. It cannot “go broke.” It neither needs nor uses tax dollars. Similarly, no agency of the federal government (Medicare, Medicaid, Social Security, et al) can run short of dollars unless Congress wants it to. Even if all federal tax collections were $0, the government could continue spending, forever. This is true of all sovereign issuers of a sovereign currency. Federal taxes do not pay for federal spending. The federal government pays for all spending by creating new dollars. Federal tax dollars are destroyed upon receipt.

Alan Greenspan: “A government cannot become insolvent with respect to obligations in its own currency.”

Ben Bernanke: “The U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at essentially no cost.”

Quote from Ben Bernanke when, as Fed chief, he was on 60 Minutes: Scott Pelley: Is that tax money that the Fed is spending? Ben Bernanke: It’s not tax money… We simply use the computer to mark up the size of the account.

Statement from the St. Louis Fed: “As the sole manufacturer of dollars, whose debt is denominated in dollars, the U.S. government can never become insolvent, i.e., unable to pay its bills. In this sense, the government is not dependent on credit markets to remain operational.”

Press Conference: Mario Draghi, President of the ECB, 9 January 2014 Question: I am wondering: can the ECB ever run out of money? Mario Draghi: Technically, no. We cannot run out of money.

Sadly, MMT believers go astray with two false beliefs: MMT’s Jobs Guarantee and the belief that federal deficit spending can cause inflation. I. JOBS GUARANTEE Briefly, JG is just what it sounds like: The government guarantees it will find or provide (it’s not clear which) a job for anyone who wants a job. We have published many articles describing the foolishness of that proposal. Rather than repeat the many, many reasons why the JG is naive, wrongheaded, and damaging, we’ll just provide you with these references:
How the MMT “Jobs Guarantee” ignores humanity. MMT’s “Jobs Guarantee”: The final nail in the coffin of this naive, foolish program One more reason why the MMT Jobs Guarantee is a con job The MMT Jobs Guarantee con job More proof the MMT’s “Jobs Guarantee” can’t work The Jobs Guarantee (JG) mouse Another word on MMT’s Jobs Guarantee and “The Rise Of Bullshit Jobs” Life in a Jobs Guarantee (JG) World The JG (Jobs Guarantee) vs the GI (Guaranteed Income) vs the EB (Economic Bonus) Why Modern Monetary Theory’s Jobs Guarantee is like the EU’s euro: A beloved solution to the wrong problem. Will people still work if the government gives them money?
Now, circumstances have arrived to demonstrate reality in the face of MMT’s academic ignorance.
All those people quitting jobs, where are they going? Kristin Schwab, Oct 28, 2021 You may have heard the news that last week’s initial unemployment claims fell to a new pandemic low. But even though layoffs are decreasing, it’s also true that lots of workers are leaving their jobs and lots of employers are still having trouble filling them. So, where are the workers who are leaving jobs going? Right now, it is statistically more difficult to become a receptionist than to get into Harvard. That’s according to data from ZipRecruiter, where Julia Pollak is chief economist. “I have a lot of bad news for job seekers in certain occupations. Some are much more competitive even,” Pollak said. Some of these jobs are specialized or senior roles, but a lot of them are what Pollak calls pleasant jobs with predictable schedules, such as in customer service or communications — and fields like airport security.
Guess what, MMT? People aren’t simply mindless pegs to be fitted into crap-job holes as JG would do. Human beings have desires. They want — no, demand — good jobs: Good pay, good conditions, good futures. MMT’s JG program, designed by academics who have not experienced reality, relies on people being so desperate they will take any job offered. When people are selective about their lives, JG falls apart.
“So, jobs where you have some degree of prestige, perhaps a uniform and a union looking out for your interests,” Pollak said. The growing interest in jobs that are more stable and offer better pay and benefits makes sense when you compare them to jobs that require similar skills and are begging people to come back — think less predictable or less protected industries like trucking and restaurants.
Imagine that, MMT, people want stability, better pay, and better benefits, not what a federal JG bureaucracy offers them.
“If you’re a worker at a restaurant and suddenly the restaurant is short-staffed, it’s going to be that much harder for you to actually manage your shift,” said Daniel Zhao, an economist at Glassdoor. People are tired, burned out and fed up. And a lot of them are looking for a new work-from-home lifestyle. Glassdoor said searches for remote roles is up more than 350% in the last year. Whether everyone can get one is a different story.
The paternalistic Jobs Guarantee was a depression-era solution, that is as appropriate as a hand-crank calculator in today’s computer age. Sadly, MMT still doesn’t get it. Instead of JG nonsense, we finally are leaning toward Step #3 of the Ten Steps to Prosperity: Social Security for All. II SOCIAL SECURITY FOR ALL The following article calls it, “Guaranteed Basic Income” (GBI). Different name, same fundamental concept: Instead of finding crap jobs for the poor, simply give people money.
Guaranteed basic income is coming By Alice Yin and John Byrne Chicago Tribune, The Tribune’s Gregory Pratt contributed Thousands of struggling Chicago residents will receive monthly cash payments from the city of Chicago as it becomes home to one of the largest guaranteed income programs in the U.S. Mayor Lori Lightfoot’s $31.5 million basic income program is just a sliver of the total $16.7 billion budget, which will be buoyed by federal COVID-19 relief funds and won City Council approval Wednesday. Few details of the pilot have been hammered out yet, except that 5,000 households will receive $500 per month for a year — with no strings attached. The lowest-income residents who suffered financial blows from the COVID-19 pandemic will be the focus. When the funds go out, Chicago will join a contingent of American cities that have warmed up to the concept of guaranteed income. Once deemed a pipe dream in mainstream politics, the idea of handing unconditional cash directly to those in need has particularly gained steam during the coronavirus-fueled recession, when most Americans saw multiple rounds of stimulus checks and other temporary social safety net expansions. However, guaranteed income pilots have launched before the pandemic too, such as in Stockton, California, under former Mayor Michael Tubbs. The program doled out $500 monthly payments to a small subset of low-income families. In June 2020, Tubbs started the coalition Mayors for a Guaranteed Income, which now has more than 50 mayors on board, more than two dozen of whom are piloting the concept in some form. Though Lightfoot has touted her proposal as the largest in U.S. history, Los Angeles is in the process of implementing its own guaranteed income pilot targeting 3,000 households with $1,000 a month for a year. Andrew Yang, a Democratic presidential candidate in 2020, has also championed a more far-reaching version of cash assistance known as universal basic income, which would go out to all adults regardless of means.
Rather than insisting on the Puritanical demand that people must labor in order to survive (i.e JG), more enlightened city governments recognize that at least at some basic level, poverty is harmful to the whole nation, and Americans have a right to live. The irony is that monetarily non-sovereign cities (which are financially limited) are doing it rather than the Monetarily Sovereign federal government, which is financially unlimited. But that is why the efforts are so small, with just a few thousand households receiving benefits.
Not all Chicago aldermen were on board with Lightfoot’s plan. Her overall budget passed 35-15, with some of the opposition pointing to the basic income program. Southwest Side Ald. Matt O’Shea said after the vote that the pilot won’t work because “in two years, we won’t be able to afford it.” He’d rather see resources spent on boosting child care and “getting people back to work,” he said. “Just giving money out to people when there’s tens of thousands of jobs in our city right now, that’s not something I can support,” O’Shea said.
But that is the whole point. There are “tens of thousands of jobs” people don’t want. Arrogant academic snobs claim the “underclass” should be grateful to work crap jobs for crap wages. Those are Gap Psychology words. They serve only to widen the Gap between the rich and those below. JG is cruel and ignorant. It dooms people to failure. It is bad economics. Giving people money turns them into consumers whose spending helps the entire economy. Apparently, people are tired of the “work ’til you drop” routine. They have the strange desire to lead pleasant lives, no matter what the rich tell them. If people won’t work, it’s not because of laziness, as the rich love to claim. It’s because the jobs are unattractive.
Back in March, when aldermen held a hearing on a proposal over direct monthly checks, caucus chairman Jason Ervin said it would be a “slap in the face” to proceed with guaranteed income before setting up a reparations programs for descendants of slaves.
That’s a perfect example of the old, “We can’t do this before we do that” stalling routine. It’s like this: “We can’t feed them until we clothe them, and we can’t clothe them until we house them, and we can’t house them until we educate them, and we can’t educate them until we give them free healthcare, and we can’t afford to give them free healthcare until we raise taxes — and we can’t raise taxes because no one wants that. “So we can’t do anything. Sorry.”
One of City Council’s loudest voices for direct cash assistance has been Northwest Side Ald. Gilbert Villegas, who said his mother received a monthly $800 stipend through the Social Security survivors death benefits program after his father died. Villegas introduced a proposal ordinance this spring that largely resembled Lightfoot’s plan of $500 monthly payments to 5,000 households, but it did not pass.
Villegas’s mother received benefits from a federal agency, that is funded from an unlimited source. City governments are not unlimited sources.
Still, Villegas said he’s prepared to go all-in on helping work out the details of Lightfoot’s program. He wants an eligibility threshold of households earning 300% or less of the federal poverty level, and Chicago Public Schools families should be prioritized, he said.
The problem with income eligibility programs is they are expensive to administer, unfair to those who barely miss out, and subject to cheating.
Though most guaranteed income programs are still nascent, researchers have examined the effects — with limitations. The current pilots in place are narrow in size and duration, said Carmelo Barbaro, executive director of the University of Chicago Inclusive Economy Lab. Still, there is promise in further investigating the results because unlike other safety-net programs, direct cash assistance is simpler to implement, he said. Broadly accessible and unconditional cash transfers like Chicago’s guaranteed income pilot are intended to address those limitations of existing programs,” Barbaro wrote in an email. “The cost of such programs is higher, but the benefits could also be higher.”
No deductible, comprehensive Social Security for All is affordable for the federal government (as are all federal expenses). It would be simple to administer, and massively beneficial to the economy.
University of Pennsylvania professor Ioana Marinescu, an economist who has also studied such programs, said the early signs show that some of the outcomes feared by critics may not have materialized. A 2014 research review on the effect of cash transfers on alcohol and tobacco purchases, for example, found virtually no change in or even a decrease in spending on these so-called temptation goods. “There’s advantages to cash in terms of flexibility,” Marinescu said. “There could be drawbacks if you’re worried that people misuse the cash. But that doesn’t seem to be the case based on the empirical evidence.”
The rich like to portray the poor as ignorant sloths who will use any extra money for drinking, gambling, smoking, and drugs. That gives the rich a fake excuse to widen the Gap and thereby make themselves richer. Republicans, the party of the rich, invariably vote against money for the poor. (The Gap is what makes the rich rich. Without the Gap, no one would be rich. We all would be the same. The wider the Gap, the richer the rich are.) The lack of money is the biggest problem in any economy. The best way to cure that problem is to give people money. The rich hate it, and invent excuses for not doing it, because they don’t want the Gap between the rich and the rest to be narrowed. III Inflation Contrary to popular myth, inflation never is caused by “too much” federal deficit spending. Inflation always is caused by shortages of key goods and services.
There is no correlation between federal deficit spending (blue line) and inflation (red line).
Today’s inflation is related to shortages of energy, labor, food, and computer chips. Inflation actually can be cured by additional federal spending to pay for scarce goods and services. In Summary
  1. The Monetarily Sovereign federal government has infinite access to dollars. Neither the government nor any agency of the government can run short of dollars unless Congress wants that to happen.
  2. Federal taxes do not “pay for” federal spending. Federal spending is paid for by the creation of new dollars, which the government has the infinite ability to do.
  3. Federal spending does not cause inflation. Inflation is caused by the scarcity of key goods and services. Federal spending can cure inflation by paying for scarce goods and services.
  4. America is not short of jobs. America is short of good jobs. Modern Monetary Theory’s Jobs Guarantee will solve zero problems, and in fact exacerbate a “crap jobs” economy.
  5. Poverty, the lack of money, is bad for the American economy. Poverty is not cured by bad jobs, but rather by putting money in the hands of the impoverished. This creates new consumers, whose purchases grow the economy,  which grows businesses that are able to provide attractive jobs.
It all begins putting with money into the hands of the people, which the U.S. federal government has the infinite ability to provide. Rodger Malcolm Mitchell Monetary Sovereignty Twitter: @rodgermitchell Search #monetarysovereignty Facebook: Rodger Malcolm Mitchell

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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
  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 not to debate a conservative.

If you plan to debate a conservative, understand first that in today’s conservative world, the important people are rich, and the rest of us are a drag on the economy.
Lew Uhler
LEWIS K. UHLER
So when today’s conservatives present their “alternative facts,” be prepared for an onslaught of deliberately wrong, ignorantly wrong, passionately wrong, and humorously wrong gibberish, masquerading as facts. The success in the conservative world of QAnon, Tucker Carlson, and many conspiracy theories is a testament to the strange thought processes rampant. And with that introduction, I present Lewis K. Uhler, of the Heartland Institute. In case you’ve not heard of the Heartland Institute, let me give you a couple of quotes:
“Uhler has been at the forefront of the national movements for a Tax Limitation/Balanced Budget Amendment to the United States Constitution””Most scientists do not believe human greenhouse gas emissionsare a proven threat to the environment or to human well-being, despite a barrage of propaganda insisting otherwise coming from the environmental movement and echoed by its sycophants in the mainstream media.” “The claim of “scientific consensus” on the causes and consequences of climate change is without merit. There is no survey or study showing “consensus” on any of the most important scientific issues in the climate change debate.”
By “most”, we assume Uhler is referring to approximately 1% of the world’s climatologists, who think, as Trump does, that global warming is a Chinese hoax. Balanced federal budgets always lead to recessions
“Every dollar spent by Washington is a dollar earned somewhere else. It matters not that the dollar was earned in Idaho, it is still a dollar extracted from taxpayers who are already shouldering a $28 trillion national debt.”
(Here, the Heartland writer demonstrates its ignorance about the differences between federal funding vs. state/local/personal funding. Federal spending is not extracted from federal taxpayers.) Now that you understand the Heartland, right-wing mentality, Check out the following article, ostensibly written by Uhler, that is guaranteed to get a hearty laugh from anyone who actually understands economics. Begin with the hilarious headline:
We need a Reagan tax revolt to counter today’s big-government spending Lewis K. Uhler Jack Kemp (R-N.Y.) and Sen. Bill Roth (R-Del.) – significantly cut the top income tax rates from 70 percent to 50 percent, reduced and indexed for inflation business and capital gains, and ushered in more than two decades of unprecedented economic prosperity.
How do the Reagan tax cuts for the rich (aka “tax revolt”) reduce federal spending? They don’t, of course. But Uhler uses the right-wing’s alternative facts, which are based on how he wants the world to have been, not how the world really was. It’s the typical, GOP, right-wing “trickle-down” theory: Give money to the rich and claim it will trickle down to the rest. Sadly, the “trickle” seems to stop at the top, and the Gap between the rich and poor widens — just as the rich want. And yes, there was “economic prosperity,” but only if you eliminate Reagan’s first and last years — the 15-month recession that came at the beginning of Reagan’s two terms, and the 9-month recession that came at the end.
Reagan served from January 20, 1981, until January 20, 1989 (vertical gray bars.)
By widening the Gap between the rich and the rest, Reagan effectively made the rich richer and the poor poorer. (“Rich” is a comparative. The wider the Gap, the richer are the rich). And that “big-government spending,” Uhler hates: It was for benefits (Medicare, Social Security, poverty aids) to the middle and the lower-income groups. Being a GOP right-winger, Uhler despises giving these groups anything.
These achievements were founded initially in the crucible of the California Tax Revolt which then-Gov. Reagan led. He understood the power of (state) tax cuts and the resultant unleashing of American capital and innovation. In the early ’70s, Reagan asked me to lead a group to devise a California government spending and tax reform measure, which eventually became Proposition 1 on the 1973 state ballot.
Here, Uhler reveals his intentional or unintentional ignorance of Monetary Sovereignty and the differences between federal government and local government finances. While there is a direct connection between monetarily non-sovereign finances and taxes — taxes fund state/local spending — there is no connection at all between federal finances and taxing. Federal taxes do not fund federal spending. Even if all federal taxes were eliminated, the federal government could continue spending, forever, even at double or triple the current level. In fact, all federal tax dollars are destroyed the instant they are received by the U.S. Treasury. Uhler’s references to “tax revolts” are completely irrelevant to federal finances.
That citizen initiative was our first attempt at reining in government’s penchant for out-of-control spending and tax increases, and although this initiative fell short of passage, it touched a political undercurrent that sparked a much larger (state) taxpayer movement, ultimately leading to the passage of Proposition 13 to limit (state) property taxes and Proposition 4, the Gann Limit, which indexed (state) government growth to population and inflation.
Uhler demonstrates the single biggest problem in economics: The failure to understand the financial differences between the finances of the Monetarily Sovereign federal government vs. the finances of monetarily non-sovereign entities like state/local governments, businesses, and individuals. If you don’t know the difference between butter and a butterfly, your articles about cooking are apt to be quite wrong-headed, just as Uhler’s article is. And here, Uhler succinctly displays that ignorance:
More importantly, these achievements had the profound impact of proving the truth of supply-side economics and the power that a national tax revolt can provide to a nation. Reagan instinctively understood, first as governor of California and then as president, the nature of government spending and its potentially ill effects on people.
Because there is no connection between federal taxes and federal spending, Uhler is half right and half wrong. A national tax revolt to would reduce federal taxes on the middle- and lower-wealth groups would benefit America. But, of course, that is not what Uhler wants. Being a right-winger, he wants tax cuts on the wealthy. Rather than doing what is best for the nation — for example, eliminating FICA, America’s most regressive tax– Uhler wants to cut top-level taxes. And his complaints about government spending and “big government” are directly aimed at benefits for the middle- and lower-wealth groups. In short, Uhler is trying to convince you that making the richer richer and the poorer poorer will benefit you and all of America. That is exactly what “trickle-down economics” aka “big government” aka “out-of-control spending” aka “supply-side economics” all mean. Each time you read any of those terms, realize this: The author is talking about a system that enriches the rich, impoverishes the rest, and so widens the Gap.
I am often reminded of his quote on the dangerous essence of government spending: “No government ever voluntarily reduces itself in size. Government programs, once launched, never disappear. Actually, a government bureau is the nearest thing to eternal life we’ll ever see on this earth.”
In the right-wing Uhler-world, the federal government is bad (except when it gives tax breaks to the rich).
Big-government advocates, Reagan also once remarked, must be forced to curb their profligate ways.
Why must the federal government be forced to curb spending? No reason is given and none can be given, especially since by formula all federal spending increases Gross Domestic Product.

GDP = Federal Spending + Nonfederal Spending + Net Exports

That was the precept under which we lived as we launched the tax revolt – and we should be reminded of now, as we ponder a modern-day correction to the reckless economic course that Joe Biden’s administration has set for America. It’s no surprise that big-government tax-and-spenders once again have led our nation into high inflation and economic malaise with outrageous spending. Yet, Reagan’s work charted a course to follow that would steer clear of the rocky shoals into which the left is determined to lead us.
Contrary to popular myth, federal spending never causes inflation. Inflation, and its big brother, hyperinflation always are caused by shortages, most often a scarcity of food and energy. In short, inflation is not caused by “too much money chasing too few goods and services” as the saying goes. Inflation always is caused by too few goods and services. Period. How is inflation cured? Not by federal deficit cuts, which actually lead to recessions. Inflations are cured by federal deficit spending to obtain and distribute to scarce goods.
On Aug. 13, we celebrated the undeniable economic prosperity evidenced by Reagan’s signing of the Economic Recovery Tax Act. This anniversary ironically came in the same month that Senate Democrats were moving us in the opposite economic direction with a $1 trillion infrastructure bill and $3.5 trillion budget.
What Uhler “forgets” to mention is that Reagan’s “Economic Recovery Tax Act marked the beginning of the 15-month recession, started in the 3rd Quarter of 1981 and didn’t end until the 4th Quarter of 1981, when increased federal deficit spending cured finally cure the recession.
Gray area is the 15-month recession that began with Reagan’s Economic Recovery Act.
One of the most important legacies of the Reagan tax reform effort were follow-up state pro-growth policies, which are alive and well in many places.
Again, Uhler demonstrates that he does not understand the differences between federal financing and state financing. The two are opposite in that states use tax dollars for spending and can run short of dollars, while the federal government does not use tax dollars for anything, and never can run short of dollars. In essence, Uhler is using butterflies, when the recipe calls for butter.
“Simple fairness dictates that government must not raise taxes on families struggling to pay their bills,” Reagan said on many occasions. “You can’t be for big government, big taxes and big bureaucracy and still be for the little guy.” These are words that Democrats would be wise to pay attention to. The supply-side movement he championed 40-some years ago is still right for our nation today – and some would argue, even more urgent.
The differences are that:
  1. Big federal government costs taxpayers nothing.
  2. Big federal taxes on the not-rich are bad for the economy, but big taxes on the upper .1% would help narrow the Gap between the rich and the rest.
  3. And big federal bureaucracy is needed for a big economy. Further, federal payments to all those government workers help stimulate the economy, while costing taxpayers nothing.
In short, Uhler is a mouthpiece for the very rich, and virtually everything he says is a lie directed to that purpose. Otherwise, he may be a nice guy. 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
  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