Leading MMT thinkers and authors insist often and loudly that they are simply trying to describe how money and thereby the economy, government and the private sector work. Whether a capitalist, socialist, communist, or any other -ist, everyone should want to know how the system they exist in operates.
Join us tonight to live blog during Pres. Obama's Jobs Speech before a joint session of Congress. Until then, feel free to comment about your thoughts about what he should say, what we should do to get our economy back on track and how all of this connects with the 2012 elections.
It is likely that Pres. Obama may make raising the minimum wage a top priority since it would have a direct impact on aiding those with the lowest incomes (and reducing the cost to the government and taxpayers for subsidizing those low wages of greedy corporations) and make for a better economy.
Thanks to Occupy Las Vegas, tourists caught a glimpse of "The Real Vegas": the unemployed, the working poor, the struggling students, the struggling seniors. This is the side of Vegas that LVCVA would rather not advertise.
In their Class War against Americans, what the wealthy fail to understand is blowback. Once a democracy no longer serve its people, they stop looking to elections to solve their problems and take their destiny (and pitchforks and torches) into their own hands.
If you think the thinking and policies of the GOP are worse today than ever, imagine what bills Republicans in Congress might come up with in five or ten years.
Why is politics so mind bogglingly complicated?
You often hear conversation about the host of complex problems we face today and that these issues cannot...
What we've witnessed since President Obama's election has been an unending parade of thinly veiled and outright racism spewed by mainstream media channels and pundits, Republican politicians and the GOP army trolls at most blog sites. The march of racism hasn't ended so the march against it can't either.
Running another driver into construction workers and equipment because they would have gotten in front of you was one thing but blaming someone for damage to your pickup they didn't do, only an asshole would do that.
Republicans claim they only have a problem with the way they communicate their message. Perhaps this more severe, lost Ryan Budget could be presented in a more appetizing way, perhaps as the wrapper on a Big Mac, so it would get the respect and lengthy consideration it deserves.