Sometimes before you can begin to change your life - or in this case, your country - you have to be willing to look in the mirror and face some tough and often painful truths. The truth is, Americans have been played. In the name of sound economics, we’ve been on a 50 yr systemic slide away from “a government of the people, by the people, and for the people” - destroying America’s middle class to the point where one percent of our people have more wealth than the bottom 90%. We can’t have that, and retain our democracy. We are essentially being ruled by a matrix of corporate overlords. The system that has been doing this - leeching off millions of people to serve the insatiable monster of corporate greed - will not disrupt itself; there’s far too much money to be made by those who run it. The only way to override it is for the people themselves to wake up and say “No more.” And to mean it.
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There’s nothing sound about the economics you and your “opponents” push. The money isn’t sound, fractional reserve banking isn’t sound, the ridiculous amount of spending you all push isn’t sound.
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Replying to @Stevemckracken
Nobody’s talking about *more”*spending. We’re talking about *different* spending. On what grounds is it “sound” to give more to somebody who already has a lot, by depriving those who have too little?

May 23, 2023 · 1:54 PM UTC

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Replying to @marwilliamson
There’s nothing sound about that, that’s wealth redistribution. Why is cutting wasteful spending never on the table? Murray Rothbard points out in Man, Economy, and State that higher taxation limits productivity and prosperity. Cutting waste can cut taxes leading to prosperity
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Our actual experience as a country proves that higher taxation of the wealthy does *not* limit productivity and prosperity. We had a vibrant middle class during the years when we *did* have higher taxes on the rich. Lower taxation of the very wealthy has led to a class of hoarders, the destruction of our middle class, a war on the poor and a society riddled with economic despair. *That* has been the wealth distribution. America will begin to repair itself when there is a mass realization that what we’re doing now is not working. There is nothing to fear in changing course. There is everything to fear, however, in seeking to remain in an unsustainable state. No nation in history has ever survived the level of inequality we are tolerating now. We will either make things very much better, or they are going to get very much worse. It’s time for a #newbeginning.
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Replying to @marwilliamson @Stevemckracken
Who is "giving more to someone who already has a lot"? Do you understand that Corporations do not pay taxes? That they are just a go between and the taxes come from the consumer? On what grounds is it fair that 52% of the country pay no income tax at all?
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Replying to @marwilliamson @Stevemckracken
Leave him too his bubblefest Marianne. What you are saying is the truth. Americans are being played by the donor class that has Americans clawing for crumbs and Politicians are feasting on steak.
Replying to @marwilliamson @Stevemckracken
Ratio them.
Replying to @marwilliamson @Stevemckracken
The truth is that are Fiat System can fund whatever needs we have! #LearnMMT