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We Need a New Language to Provide a Vision for a New Economy |
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Written by Kevin Zeese
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Sunday, 08 August 2010 21:46 |
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The Late Tony Judt's Last Book Focuses on Ending Concentrated Wealth and Creating an Economy That Works for All
I was saddened to read of historian Tony Judt's death at too early an age. He was the type of historian we need to hear more from. He confronted the myths on which governments and their people build lives, myths that need to be confronted so the people can be uplifted and their necessities met “not one in which we tell pleasant lies about ourselves.”
I recently read Tony Judt 's last book, Ill Fare's the Land. His important premise was that we need to develop a new language that builds on the success of social democracy programs (in the U.S. those would be New Deal and Great Society programs) combined with putting forward a new vision for an economy that works for more than the top .5%. His views re-enforced the work we are developing at ProsperityAgenda.US – describing and advocating for a new economy in language that people can understand – post-capitalism, post-socialism, a new democratic
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Cut Social Security? Are the Democrats crazy? |
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Written by Kevin Zeese
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Wednesday, 21 July 2010 15:51 |
The National Commission on Fiscal Responsibility and Reform is sounding the alarm around deficit spending is using exaggerated rhetoric to heighten deficit fear at a time when more spending is needed.
The commission's rhetoric is working against the antidote for the economy – spending to restart job and economic growth. Forty leading economists, including nobel prize winners, issued a statement calling for more spending in the short-term. They recognized debt as a long term problem, but urged immediate increased spending to avoid prolonging and deepening the economic collapse, writing:
“We recognize the necessity of a program to cut the mid- and long-term federal deficit but the imperative requirement now, and the surest course to balance the budget over time, is to restore a full measure of economic activity. As in the 1930s, the economy is suffering a sharp decline in aggregate demand and loss of business confidence. Long experience shows that monetary policy may not be enough, particularly in deep slumps, as Keynes
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To Fix America's Fiscal Crisis Go to those Who Profited from Deficit Spending and Look at It's Real Causes |
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Written by Kevin Zeese
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Tuesday, 20 July 2010 06:59 |
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The United States can be fiscally responsible and meet the urgent necessities of the American people by stopping corporate welfare to concentrated industries, taxing the wealthiest that profited from three decades of tax breaks and reigning in weapons and war spending. Expanding Medicare to cover all Americans will save money and improve health. And, Social Security is essential to most Americans and is a contract between the government and the people that should not be broken.
President Obama's National Commission on Fiscal Responsibility and Reform seems poised to recommend cuts in Social Security and Medicare in order to reduce government debt. If the Commission fails to look to the real causes of deficit spending and raise funds from those who profited from such spending it will fail to solve America's fiscal problems and do a disservice to all Americans.
When I testified before the Commission this week, I was one of many people who emphasized that Social Security is not a cause of the fiscal problems the government faces. It brings in more money than it uses and when there are shortages in the future they can be easily fixed. On Medicare, many people pointed out that
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