Someone tell me how you recycle tax dollars when taxes are deleted upon receipt?
***all federal spending is newly created money spent into existence***
There is absolutely no such thing as redistributing federal tax $$.
The government can give everyone a job. Period. #MMT
If we do not understand the money story, we are likely to get everything after that wrong as well.
In a world whee capital serves the wealthy and our local communities are left in Ill repair because capital deemed it unprofitable, a Federal Job Guarantee makes communities come back to life. Federally funded, locally administered. It is the ultimate pushback against bad wages.
It also prevents corporations from subsidizing poor wages with cash subsidies by providing a living wage with benefits and local, environmentally friendly care work and community improvement. Why give into Silicon Valley oligarchs who want to turn us into consumption units?
Now to hire you, a company has to meetorbeat the living wage of the Fed Job Guarantee and that includes benefits. They cant predate on the vulnerable & the community benefits. Locally administered, federally funded.
Psssst you can't eat cash so let's ensure universal basic needs.
For a primer on everything that I said above, please check out this exhaustive thread:
Dont skip the podcasts. They are VITAL.
Transcripts, extras
Don't let these go unheard.
If you want a basic Income, you have one. Social Security which serves for disability and survivor benefits has been unkempt because the lie of Trust Fund funding the program. It's a spreadsheet. FICA could be eliminated. We could expand social security to meet society's needs.
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This is your daily reminder that cash is not a real resource. It isn't food. It isn't healthcare. It isn't shelter. It isn't education. It isn't a Green New Deal nor is it Universal Childcare. It isn't a job with benefits. It's tokens that do not guarantee you a thing. Nothing.
This is your daily reminder that if prices rise and all you have is cash, you lose. This is your daily reminder that you have to know how to find the best deals, know how to handle your $$ without any power to influence capital. This is your daily reminder that cash isn't wealth.
This is your daily reminder that the robots are not coming to take away care work. This is your daily reminder that automation isn't enriching your local community and providing care for your children. This is your daily reminder of what the arts are and culture.
First things first we have a sovereign, non-convertible, free floating fiat currency that is backed by an obligation: taxation. 1/x
Second: no one says we can just "print the money"... all dollars are merely a tax IOU and are created by keystrokes. The birth of a DOLLAR is congressional spending and the death of the DOLLAR is taxation
Third: QE (Quantitative Easing) is not creating money. It is merely swapping debt for liquidity. Banks do not lend reserves, so even a cursory understanding of the hierarchy of money would be excellent.
Let's Just be absolutely fair: @RealProgressUS have been involved in organizing the @M4M4ALL along w/ many other activists & Organizations.
Bad people have tried to cancel & denigrate us becuz they don't understand our opposition to state based efforts. We are for NATIONAL #M4A
We have committed no less than 20 direct activists in volunteer support to both helping them and our own media coverage. We have also interviewed the lead organizer and have endeavored tirelessly to explain our position with experts in both law and economics.
People who are opportunists have tried the straddle a fence that is un-straddle-able.
The currency issuer/currency user dynamic is of vital importance under EVERY SINGLE Program Progressives want to pass.
Why would people slag us as libertarian or billionaire lovers?
Congress is captured by lobbyists ✅
The Senate is captured by lobbyists ✅
The Fed Reserve is captured by powerful financial interests ✅
The Presidency is selected by special interests via super delegates & lobbyists ✅
Time for a Civil Rights like Movement to purge corruption.
If you hate the Democratic Party, hate the duopoly. Want Medicare for All, a Green New Deal & a functioning Democracy, you need to realize we're in the midst of a civil war NOW. TODAY! That SHOULD make you live like a combatant Not a civilian.
That means you show up daily, READY!
That means you show up ready to do things you don't like to necessarily do. It means you learn things you never learned before. Things that bore you, you dig into.
My father died from progressive supranuclear palsy, which is a disease with no meaningful treatment or cure. He had great "health insurance", but truth be told, nothing will ever be done to solve these diseases with low ROI due to such a small community has it.
1/x
No amount of state based initiatives could have saved his life. Only real, deep, public investment in cures vs treatment at the Federal level could do this. We need ouf Federal Government to do its job.
My son is autistic. His support was left to state based solutions. They were underfunded, understaffed and we went years without services.