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"First thing to realize is that we have a Sovereign Currency, what is known as Fiat Money. In simple terms, that means we can print whatever amount we need and have the Fed sit on Interest rates to stave off inflation. The key is the utilization of resources and we still have vast amounts of those. That's how we fought World War Two. We had maybe six hundred million in gold reserves, but we had mines and factories and manpower and just printed money. The Bond drives were just a cover for what we were doing.
So...
~Rebuild our infrastructure from the ground up, every square inch of it. That'll take about a decade and half and cost apx $13 Trillion. Such will provide jobs and fund business and seriously jump start the entire economy.
~Void and renegotiate all the various trade deals we've signed. They create too many problems with control over our own economic plans, things like multi-national corporations suing Federal, state and local govts for 'loss of profit' because of a regulation that will cost them a few bucks.
~The above will be required to in order to tell multi-national corporations that if they do business here, they have to have a headquarters here and pay their fair share of taxes. They'll still worm their way around that, but it'll help keep them in check, which is the real goal. With a Fiat Currency, we really don't need their taxes.
~Establish a Basic Income Grant. Every adult American Citizen gets a set amount of money every month and a lesser amount for every minor child. Tax free, no means testing, employed or not.
This would also pump a lot of cash into the economy and previous experiments with this show that most people will keep working. That's just human nature. Some young people will live with their folks to save up their Grant money to start businesses.
This will eliminate nearly all welfare programs and end poverty once and for all.
~Immediately increase NASA's budget ten fold. That will restart the aero-space industry and push us back to the forefront of technological innovation and that always makes money.
~Make Collage Education free and provide a stipend for books, etc. The BIG money will provide cash for students to live on.
~End for-profit health care. Expand Medicare and Medicaid to all citizens. Health care expenses are the number one cause of bankruptcy in America.
~Restore the Glass-Steagell Act that prevents commercial backs from speculating with customer deposits. Break up the Big Banks. And declare a Federal Jubilee, a wiping clean of all American debt. The shareholders of the Big Banks will take a bath, but they can afford it. And the economy will be so flush, they'll make it back in no time elsewhere.
There's more for certain, but those are the Big Ticket Items....
..and before you start to scream, “How are we going to pay for all of this!!” ...go back and re-read the first paragraph."
So...
~Rebuild our infrastructure from the ground up, every square inch of it. That'll take about a decade and half and cost apx $13 Trillion. Such will provide jobs and fund business and seriously jump start the entire economy.
~Void and renegotiate all the various trade deals we've signed. They create too many problems with control over our own economic plans, things like multi-national corporations suing Federal, state and local govts for 'loss of profit' because of a regulation that will cost them a few bucks.
~The above will be required to in order to tell multi-national corporations that if they do business here, they have to have a headquarters here and pay their fair share of taxes. They'll still worm their way around that, but it'll help keep them in check, which is the real goal. With a Fiat Currency, we really don't need their taxes.
~Establish a Basic Income Grant. Every adult American Citizen gets a set amount of money every month and a lesser amount for every minor child. Tax free, no means testing, employed or not.
This would also pump a lot of cash into the economy and previous experiments with this show that most people will keep working. That's just human nature. Some young people will live with their folks to save up their Grant money to start businesses.
This will eliminate nearly all welfare programs and end poverty once and for all.
~Immediately increase NASA's budget ten fold. That will restart the aero-space industry and push us back to the forefront of technological innovation and that always makes money.
~Make Collage Education free and provide a stipend for books, etc. The BIG money will provide cash for students to live on.
~End for-profit health care. Expand Medicare and Medicaid to all citizens. Health care expenses are the number one cause of bankruptcy in America.
~Restore the Glass-Steagell Act that prevents commercial backs from speculating with customer deposits. Break up the Big Banks. And declare a Federal Jubilee, a wiping clean of all American debt. The shareholders of the Big Banks will take a bath, but they can afford it. And the economy will be so flush, they'll make it back in no time elsewhere.
There's more for certain, but those are the Big Ticket Items....
..and before you start to scream, “How are we going to pay for all of this!!” ...go back and re-read the first paragraph."
