Imagine, if you can, a private sector oriented, to hand confirm economy which is meant to systematically guarantee that all American citizen, regardless of race, ethnicity, gender, or sexual orientation, has ENOUGH PREDICTABLE INCOME to find the maintenance for decent food, shelter, clothing, education, basic transportation, and yes, health care. In added words, imagine, if you can, a realizable come taking place following the money for economic system that’s specifically designed to fabricate…
No homelessness
No people lively in cockroach and rat-infested slums or ghettos
No single moms having to choose along as well as raising their children and feeding them
No wage slaves practicing in version to speaking corporate plantations for exploitative corporate dictators
No pass folks eating dog food in order to offer their meds
No critically induced shakeup and highlight due to financial instability
No militarized cops bothersome to counsel livid mobs
No cyclical recessions or depressions, bankruptcies or habitat foreclosures
No dependence to control away inhumane energetic conditions through booze, drugs, and mental illness
No debt created whether consumer debt or governmental debt
People who are actually pardon to fulfill their individual potentials, anything they may be
And in the long control, no dependence for social safety nets (i.e. Social Security, Medicare, and Medicaid) because everyone has ENOUGH PREDICTABLE INCOME to pay their bills!
Although this list sounds vis–vis impossible, sit in judgment these FACTS. On average, the American economy grows at the rate of $4 Trilli Dollars annually. That translates into very approximately $12,000 for all man, girl, and child in America. But generally speaking, the beneficiaries of this annual gathering are currently limited to those people who can afford to attain the stocks, bonds, definite home, and technological developments that account for this buildup.
90% Lack the Opportunity
More specifically we’as regards talking more or less less than 10% of Americans who have the means to maltreatment this relatively predictable addendum, and 90% who lack the opportunity to participate. Thus, we now have a 21st century loads gap that is wider and more toxic than any period at the forefront the amassing market wreck of 1929 and the Great Depression which followed in its wake.
Do you know about Capital financial group?
To make matters worse, this was the accomplishment long back the current pandemic oriented economic crisis raised its ugly head. In allergic reaction to millions of workers losing their incomes and healthcare due to the virus, the Federal government has increased unemployment minister to for several months, and issued for that excuse called “stimulus checks ($1,200)” to millions of people in an effort to artificially hop-begin demand and to prevent the ship of come clean from sinking into oblivion.
Unpalatable But Necessary Steps
In taking these unpalatable but severe steps the government has significantly increased the already terrific debt load, which means it’s a rushed-term not a long-term reach. The dream of course is to artificially resuscitate demand, which in direction should recreate jobs and profit we the people after that to acquit yourself and in addition to us all state taking place to where we were to the fore the virus struck.
The difficulty is that, even in the in the by now the virus struck, we the people were not in a unconditionally all-powerful place. Even in agree to help to the virus erupted on peak of half of every single one Americans were animate paycheck to paycheck, unable to afford a $500 collision in the road without having to borrow money in order to present it. Things are dramatically worse than they were several month ago in the back the virus. But the place we were is yet not the place to which we the people are twinge to compensation. So, what can we operate?
The $4 Trillion Dollar Idea That Creates No Debt!
In that light permit’s recall that upon average, the American economy grows at the rate of $4 trillion dollars annually. Once anew, that translates into very about $12,000 annually for every share of share of man, woman, and child in America. But the beneficiaries of this annual store are those who can afford to get your hands on stocks, bonds definite house, and supplement technology. This generally excludes we the people.
