Keith Evans
Jul 24, 2017 · 2 min read

Schumer as a creepy pervert uncle is the perfect analogy, but it should be expanded to take in the Democratic Party. The party is now at the stage of admitting the perverse nature of their actions, but convincing progressives that it was really all their fault for making it so easy.

America is better poised than any country on earth to provide for its citizens at the moment and it is only economic myths being promoted by their leadership that stand between them and a future of more equality and prosperity that works to provide for them while also protecting the planet. Our currency is completely sovereign without revenue restraint, so affordability is off the table. We don’t need to expend energy or focus on begging the wealthy for their money so we can have nice things like other countries have, or figuring out how to force them into financing anything we need. Doing so only empowers them and enables the corruption of our government with their money.

Our currency is not a finite “thing” that we can run out of, and our “debt” (purposefully mislabeled for its PR value) is nothing more than an accounting of the currency currently in the private sector, not something we must pay back like a mortgage. Using the massive debt number as a club to beat us with whenever we might suggest spending on the common welfare has enabled the oligarchy to make austerity acceptable to the economically illiterate voters who then must leverage their private debt to compensate for an anemic economy. This has created the bubble and bust cycle that is how the middle class prosperity has been harvested until it is all but non-existent.

Deficit spending by Congress is the only source of currency the private sector has that doesn’t leverage its own debt, and if it isn’t sufficient to offset trade deficits and wealth accumulation the mainstream economy shrinks in direct relation. We need politicians that understand economics and are capable of managing the “economy”, not just the budget. The federal government is the “issuer” of the currency, not a user like households or states. As such, it must fund the economy and its spending is our income, not an overhead item. Until we demand that both sides of the spreadsheet are shown to us and effectively managed we will continue in our decline until we make the final circle of the drain before dropping into a sewer of third world status from which there is no recovery possible without violent revolution.

    Keith Evans

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    Meandering to a different drummer.