Once again I've been looking for stuff to put up, for things to comment on. There's too much. There are too many VSP's (Very Serious People) here and there, spitting out falsehoods, lies, inaccurate "cures" for our economic ills.
I have an idea -- double all Social Security payouts, institute medicare for all, end the cap on payroll deductions for SS and medicare. then cut all mortgage payments by 2/3rds, and free up THE CONSUMER - the REAL "job maker", to begin consuming again. Cap ALL credit card interest rates at 14.5% and make the regular rate 7.0% across the board.
I suspect the corporations who are hoarding cash will free it up as demand rises.
Of course we will not do anything like that -- because when the economy really starts rolling we then have to raise taxes on EVERYONE.
I forgot one thing -- stop all the truly illegal, anti-worker, anti-union, activity. Make workers, once again, real members of our economy. Fund education so poor kids can get educations --- like they did in the 1960's. It's only fear of an educated electorate that keeps us an uneducated rabble. The rich must remember what a rabble ALWAYS does.
Lest I forget -- take over ALL student loans, and cap their interest rate at 2%.
Schedule for Week of November 17, 2024
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The key economic reports this week are Housing Starts and Existing Home
sales.
For manufacturing, the November Philly and Kansas City Fed surveys, will be ...
4 hours ago
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