Dear public servants,
The unseemly
rush to de-fund Social Security remains a priority only for plutocrats.
The truth is that government can never run out of money. That's right,
it's not funded by taxes or borrowing. Where would taxpayers get the
dollars to pay taxes with if government didn't spend them into the
economy first?
So increasing Social Security benefits while eliminating the payroll tax would not only be possible, it would be helpful.
And
for those of you concerned about inflation: It's theoretically possible
for government, with its infinite dollar resources, to bid up prices
competing for finite goods and services. But who else is bidding for the
unemployed? Or for the slack in the manufacturing sector?
While
Europe continues to demonstrate the bankruptcy of austerity as an
economic strategy, I urge you not to follow suit, and buy the fraud that
we're "running out of money."
If that's too
obscure, just ask yourselves where all this "fiscal responsibility" was
when wars and bank bailouts were the issues. Saying we're "running out
of money" when social safety nets are the topic is simply shameful.
For more information, please take a look at this.
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