The fundamental economic problem in the United States has less to do with how much money we spend and everything to do with what we spend it on. We spend huge amounts on things that reduce the life force of the nation: tax cuts for the wealthy, corporate subsidies, and war. Meanwhile, we withhold money from things that help people thrive, and thus create more good/produce more money themselves: health, education, and the well being of our communities. America is in a decline because we continue to do things that decrease the wellbeing of our people -- all so that a ridiculously small portion of our population can do better and better. We will not pull out of our decline until and unless we are willing to fundamentally change. We will either continue to fall - and make no mistake about it, our political status quo is a trajectory of decline - or we will consciously and proactively rise. The decision lies in each of our hands.
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Tax cuts to the very wealthy are given under the canard that those people will then create more jobs and add to the economy. Evidence is clearly otherwise. The 2017 tax cut - where 83 cents of every dollar went into the hands of the wealthiest Individuals and corporations - will never pay for itself. Giving tax cuts to companies already making billions in profit did not make them invest; the money mainly went to stock buybacks etc. When corporatists talk about reducing the deficit, they are only willing to do so on the backs of the middle class and poor. They are never willing to spend money on catching wealthy tax cheats, repealing unfair tax cuts to the very wealthy, or increasing investment in things that actually support the average person in creating more wealth. The problem is not one individual policy here or there. The problem is big picture: a state of aristocracy and corporate entitlement now baked into the cake in America - the very opposite of a free democratic society in which everyone is supposed to have a fair shot. The current system makes a mockery of the very idea of "unalienable rights to life, liberty and the pursuit of happiness." As the late Supreme Court Justice Louis Brandeis said, "We can have democracy in this country, or we can have great wealth concentrated in the hands of a few, but we can't have both." #Disruptthesystem

Jun 10, 2023 · 11:58 AM UTC

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Replying to @marwilliamson
Understand "the deficit" is the currency issuing government adding more dollars to the economy than it is extracting out. It is not "borrowing" & taxes are not "revenue." The government's deficit is our surplus. It's the increase in private sector wealth.
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Replying to @marwilliamson
Fannie Mae, Freddie Mac, JP Morgan and probably others re-invested their 2008 bailout money into rent-to-own agreements through 3rd party financers. They were frequently buying back the same houses they foreclosed on. Rent-to-own isn't the same as subprime?
Replying to @marwilliamson
💯✊🏽🗣📢Well said! Keep speaking truth to power! Your campaign gives me hope amidst a wall of "candidates" seemingly only out for themselves.🤷🏽‍♀️ Thank you for the solid policies, messaging & unapologetic compassion when engaging with detractors. Your empathy is their worst enemy.
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Replying to @marwilliamson
Think of it like this: Dollars can only come from the government. Every $$ in the economy was "deficit spent" into existence. If we have poverty & unemployment the government is not spending enough into the economy, or it's spending in the wrong areas.
Steve Clark @flrdgenius
9 Jun 2023
Replying to @4TaxFairness
The government's money doesn't come from the private sector The private sector's money comes from the government Federal taxation is not revenue; it removes old dollars from the economy Dollars are added to the economy exclusively via federal spending
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Replying to @marwilliamson
Why create more jobs if there aren't any more "paying customers"? or more "qualified workers"? What goes up, must come down. 100% of it! It's a natural law, like Conservation of Mass, or Conservation of Energy. Money needs to be the same way.
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Replying to @marwilliamson
Giving tax cuts to companies already making billions in profit did not make them invest; the money mainly went to stock buybacks etc. When corporatists talk about reducing the deficit, they are only willing to do so on the backs of the middle class and poor.
Replying to @marwilliamson
Revenue went up with 2017 tax cuts. Circle back around to your comment about government not knowing how to spend.
Replying to @marwilliamson
Kind of like #FATCA, which is supposed to catch money laundry but actually screws common Americans who live overseas
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Replying to @marwilliamson
The responses to this tweet demonstrates how we got to where we are, and the very rich like it that way. The economy and the climate are bound together, no exception. Overshoot will destroy both.
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Replying to @marwilliamson
I was selling residential solar, visited a nice home in Denver area that was built to use passive solar. The owner would not buy solar panels because he said he would not get 18% return on his investment! He would save $10's of K over 20 yrs on electricity. Is it me ???
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