Later, the film introduces us to the beginning of MMT in the 1980s and the realization that macroeconomics had been misunderstood.

Roosevelt created a new tax so that it would appear there was a separate revenue stream funding the retiree Trust fund. As noted earlier, FICA taxes went to the same place as all other taxes, then eliminated from existence, leaving only ghosts.

Regulators, now were being required to take into consideration the needs of the businesses being regulated before the needs of the people being protected

When one chooses to look through the MMT lens with a progressive economic philosophy simply described as the “public purpose,” it is easy to  realize that all neoliberal objectives are not in the interest of supporting the objectives of progressive policies

Taxes enforce the government’s currency as the default method of payment.

For something to be accepted as part of MMT, it had to accurately predict results.

The US and many of the world's currencies are no longer tied to a commodity, such as gold, to value their currency.

Unless you frame MMT to bring the person to understand it, you can never move the discussion into describing a world where MMT is recognized.

The cult designation became popular with the "woke" crowd when a podcaster went on a spontaneous rant about MMT and how foolish the Real Progressives are thinking they can get Congress to recognize MMT principles.

I also realize that getting the opportunities to speak are few and far between. But then how often do you get a chance to change the world?

At the Federal level, there is no such thing as taxpayer money. Until the Federal government spends money; no money exists.

There are only two critical functions that taxes perform. It forces the taxpayers of that sovereign nation into using the nation's currency for all transactions. And second, it serves as a critical tool in assuring that the nation's economy is balanced

The plan passed by the Senate is a great start, but it is upside down, and will work that way in the economy

If the Fed looked at the empty factories, the crumbling infrastructure, the restricted opportunities for college graduates, and even the nearly 8% unemployment. It becomes very obvious why we do not have any inflation.

Instead of thinking about the Federal debt, think about the debt of families all across the nation.

The months of January and February can be for all those banks and businesses that have to construct their W-2 forms, 1099s and 1098s, and whatever else nonsensical multiple names they give forms for money they either gave you or took from you.

A progressive tax plan cannot unduly reward wealth and work must be available to all that want it, the tax plan should provide for everyone to have, at minimum, an after tax income that meets the cost of living.

We have a way to measure the resources available to any nation, its called money.

Destroy the Far Right with the light of ideas that bring positive changes to our individual lives, opportunity to our economic system, justice to our justice systems, and peace  to our international positions.

What they came up with is an uncooked mess of leftover ideas seasoned by some of the Affordable Care Act's (ACA) key provisions.

But Socialism is very good at doing the necessary work to maintain the Commons, a critical component of any society.

We all know about income inequality, where larger business profits are not distributed back to the employees but are mainly distributed upwards on the corporate chain.

The meager improvements in the real unemployment figure will start to diminish and by the end of the two years turn negative

Corporations are buying one another up so fast that you need a score card to keep up.

They don't care if your sons or daughters end up dead while the predatory capitalists are going after what they want.

Taking on a mortgage, buying a car or starting  a small business requires you to do business with a bank.

To policy geeks,  it would essentially accomplish what the Fed is trying to do with near zero interest rates and their Quantitative Easing program

Minimum wage is higher than the federal minimum in many states. Some states require employers pay T 1/2 on Holidays and/or Sundays

After the Great Depression and World War 2 our economy pivoted to an egalitarian model until the early 70's.

Einstein! If you can have your stupid relativity puns, certainly I can have this one. Here, have some fresh kibble and shut up.

They were conservatives that believed that welfare was too generous, taxes too high, and government too big

I took advantage of knowing where President Obama hid his time machine and I borrowed it for 5 minutes. At least, that is how long it appears that I was gone.

Ryan said something about children who do not have lunch money don't have caring parents.

I had just arrived in Kansas City, Kansas.  Many people are unaware that there are two cities cities named Kansas City, positioned side by side, separated by a river and the Missouri / Kansas state line. The Missouri side has most of the amenities; baseball, football teams, museums, theaters, and...

The following is the State of the Union that I would hope that President Obama would give.

I laugh when I see people trying to get people to buy gold.  It to me is a fool's dream.

Some people, and this was true in Indiana, graduated high school, and from there went directly into the steel mills.  Now, the steel mills are gone

Allow Corporations more freedom, and they will hire more workers, making for a better economy, but this does not happen

Fraud is not limited to those who run Ponzi schemes but includes bankers and investment companies

In this case it appears that ACA  is a success at signing up a large segment of formerly uninsured Americans by January 1st, 2014. And wasn't that the intention?