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Austerity is Murder🌹 Profile picture
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26 Feb, 13 tweets, 3 min read
Very little I hate having deal with more than someone who has a lot of mythology for their understanding of the relationship of Federal Reserve (the Nation's Central Bank), the Treasury and bonds. The reality is boring & relatively easy to explain the myth takes you into bigotry
The myths have done more to sidetrack civilization than e en the bad guys currently propping up neoliberal war mongering.
For more information

realprogressives.org/2018-02-04-end…
neweconomicperspectives.org/2014/01/greate…
radio-utopie.de/2010/05/04/tru…
ideas.repec.org/h/elg/eechap/1…
forbes.com/sites/rhockett…
realprogressives.org/news/economic-…
realprogressives.org/podcast_episod…
realprogressives.org/podcast_episod…
realprogressives.org/podcast_episod…
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More from @sdgrumbine

Austerity is Murder🌹 Profile picture
27 Feb
FYI... The costs of Medicare for All are estimated at 30 Trillion. The costs of a Federal Job Guarantee & Free College? Lots. The cost of eliminating student Debt... Trillions. The costs of rebuilding our crumbling infrastructure trillions ...the costs of universal childcare 1/x
Trillions. The costs of a Green New Deal TRILLIONS...
Being completely coherent and well versed in macroeconomics, it is obvious to me without even doing the homework that if you play by conservative talking points of tax payer dollars "paying for" programs... It will suck every dollar in existence into the shredder and...
Read 14 tweets
Austerity is Murder🌹 Profile picture
5 Feb
Protip: Never come to me thinking by telling on the Democrats for being failures at life that you are somehow getting to me. I can out diss the Democratic Party and require no assistance and it is not a bonding event.
1/x
Equally, you bring nonsense about how good Republicans are, it's time to move on. They are complete crap.

I am an independent progressive lefty and I hate both Parties.

So just know my evisceration of either party is not an invitation to recruit me.
If you don't understand econ and think taxes pay for Federal spending, we don't have a lot in common. That's economic illiteracy. Everyone knows the Federal Government doesn't spend tax money. Taxes are deleted at the Federal level.
Read 11 tweets
Austerity is Murder🌹 Profile picture
26 Jan
@UnikaJoy2011 @meatopinion @wbmosler Image
@UnikaJoy2011 @meatopinion @wbmosler Image
@UnikaJoy2011 @meatopinion @wbmosler Image
Read 9 tweets
Austerity is Murder🌹 Profile picture
22 Jan
Whenever there is a political struggle... Capital is as patient a killer as they come. A look back at France and you see royalist, monarchists waiting to purge freedom in the name of class privilege. Capital is always there. Revolution must be also. 1/x
Always diligent. Never compromising our values. Always ensuring the forces for the people are at the ready against enemies who would enslave us.
A revolution can happen... But without resolve and continued resistance and governance unapologetically for the people by the people... Well... It's a blip on the radar... A moment. No way to sustain without systems and organization.
Read 5 tweets
Austerity is Murder🌹 Profile picture
17 Jan
Democrats love reducing deficits & balancing budgets. This "fiscal conservatism" is LETHAL to millions of poor & vulnerable individuals across the country.

The GOP pushes for the same stuff while simultaneously cutting taxes on the wealthy & reducing programs that serve the poor
If you are ok calling out people as racists, homophobes, misogynists, bigots and murderers for being pro life or pro choice, how is calling a fiscal conservative who kills the poor a murderer by proxy or an economic illiterate any worse?
Austerity is often founded in bigotry. But it is equally supported by economically illiterate people.

All of these "belief systems" are born in ignorance.

All of them lead to pain or death.

So why is identity politics acceptable but economic literacy not?
Read 5 tweets
Austerity is Murder🌹 Profile picture
16 Jan
State based medicare... under the best of circumstances, is a TERRIBLE idea, why?

Your state would create an unsustainable blue print set to fail and prove "socialism don't wurk" and it would kill healthcare.

There is no exception. It's simple economics.
The Feds issue the money. Healthcare is super expensive when you arent the currency issuer.

Pensions are Super expensive when are not the currency issuer.
Earthquakes are super expensive when you are not the currency issuer

Wildfires are super expensive when you are not the currency issuer.

This isnt a feelings game.
Read 6 tweets

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