This 2013 article “How Much Money Would It Take to Eliminate Poverty” (http://prospect.org/article/how-much-money-would-it-take-eliminate-poverty-america) addresses this question. The answer then was $175 billion. This is a ridiculously small number in the context of a $16 trillion GDP.
As someone who is on the homeowners gravy train I was stuck by this part of the article:
“The utterly ridiculous tax expenditures directed toward the disproportionately affluent class of people called homeowners—mortgage interest deduction, property tax deduction, exclusion of capital gains on residences—by themselves sum to $115.3 billion in 2012.”
Of course we live in a society that knows that poor people are poor because they are shiftless, drug addled and lazy. We certainly can’t reward those people with any help. Meanwhile the rich and corporations are worthy recipients of government handouts without fear that we will be corrupting them.
I’ve often thought it would be a salutary exercise if we handed out these tax breaks at a universal government payout office. Here, everyone receiving funds from the government would line up. As they received their check a big sign above the window would flash out the amount of their check. I think people on SSI would be outraged at how their measly few hundred dollars a month compared to the payouts to the rich and corporations.
So much of this is a question of what and whose priorities are being met by government action/inaction. Presently we don’t have a political system even vaguely responsive to the vast majority of Americans. In fact it is serving the rich and corporations quite admirably.
Ever since Trump came into my view as a candidate for President I have thought that his speech is strange. Choppy, half thoughts, repetitions of words and phrases, very few polysyllabic words, in short lacking in fluidity and continuity.
Is this the way Trump has always spoken. Or, Is it just his lifelong speech pattern ?
Being Trump and always casting himself into the public eye there is quite a bit of tape of him speaking from 30 and more years ago. Listen to one or all of these snippets. Forget about the content. Just listen to his speech. It is fluid, normal, conversational speech. Is our Trump at age 70 showing signs of his age?? Early indications of dementia or some other plague of old age?
https://youtu.be/0-w47wgdhso – 1980 – news interview
https://youtu.be/A8wJc7vHcTs – Larry King Show 1987
https://youtu.be/W5kA2r2SE7g – Joan Rivers 1990
Dollars and Sense has been around since the 1970s. Always a source of well researched critiques of capitalism. I recently, after a more than 30 year hiatus, re-upped a subscription.
Dear Dollars & Sense,
Your new issue showed up the other day with the word “neoliberalism” in bold type on the cover. The continuing use of this term is not helpful. When I first saw this word a few years ago I wondered how the word “liberal” and “neoliberal” are connected? Then, I remembered the little I can recall about 19th century European political philosophy. Oh, its that liberalism that is new!
Really, outside of academic circles no one knows what this word means. Most in my circle find it off-putting, obscure and boring.
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Today I received an email from Congressman Faso’s campaign committee. It read in part:
The Democratic Congressional Campaign Committee (DCCC) today released a memo claiming Democrats are “starting the 2018 election cycle on offense.” This is an alarming statement on many levels. For one, they really do see the future of our nation as nothing more than a political game. They are also choosing to completely ignore the American people by not acknowledging the sweeping Republican victories from just two months ago.
The most worrisome item in the memo is that the DCCC listed my seat as a “Round One Target.” I was sworn in less than a month ago and already the Washington Establishment is targeting my district as one to pour hundreds of thousands of dollars into in order to install the liberal candidate of their choice.
The email then went on asking me to donate to his re-election campaign!
Here is my reply:
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President Reagan was not the originator of this central trope of free-market (neo-liberal) politics, but he famously said in his first Inaugural Address in 1981, “Government is not the solution to our problem; government is the problem.” President Clinton, a Democrat, continued this theme during his terms culminating the the deregulation of the financial industry in 1999 setting the table for the collapse of 2008 and the Long Recession. Listening to almost any discussion by Republicans and Democrats you can find this theme, “If just get government out of the way, free markets will solve our problems.”
This ideology is ahistorical, counter-factual nonsense. It is asserted without any basis in fact. It is rhetorical cover for policies that have led to the vast enrichment of the wealthy and corporations and the impoverishment of everything public.
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There is much ongoing discussion about steps needed to turn the enormous one day action of the global Women’s March in to a sustained movement to achieve better outcomes for the vast majority of Americans. To focus on just one strategic element, the movement needs to move beyond identity politics to embrace class warfare. The rich and corporations have carried out a sustained and successful class war for more than 40 years. They control the government and the economy. Donald Trump is just a symptom of the underlying issues. We need to break this hammerlock and shift the rules of politics and the economy back towards us, the 90% who are living off the remainders, the scraps from their feast.
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“There” is our current situation in which our government has been bought by the rich and corporations, over 80% of the population has not had a pay raise in 40 years and the public sphere, schools, parks, our infrastructure, really anything not behind the gated walls of private wealth, is being starved in the name of free market ideology. The American promise that hard work, pluck and a bit of luck can bring success to anyone, regardless of their rank at birth, is an empty myth. If you are born poor you will die poor. Even if you are middle-class, there is a significant chance that you will sink and at any rate you will always struggle just to keep that middle-class status.
The rich and corporations have waged a 40 year class war. At this point they have won all of the battles and continue to take home the spoils.
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In the current moment much of the concern about privacy online and otherwise has been overwhelmed by Trump, inequality, racism and other matters. The NSA and other spies, government and corporate, are not taking a vacation. I wrote earlier about this in “The Uses of Metadata – an experiment you can conduct with your own life’s metadata” in July, 2013.
Recently I revisited Immersion: a people-centric view of your email life, the MIT project to visualize a tiny portion of the metadata of our lives, our emails.
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A friend asked the following question of me on Facebook the other day:
What’s wrong with the word LIBERAL …. This word … progressives … is only a diluted weak solution of the real thing …. the L word has become like the N word … it can’t be mouthed in public. I know what Liberal means I don’t have a clue what progressive means … you’d think Neoliberal has some relationship to LIBERAL which it doesn’t. Am I the only person that can’t keep track of these shifting meanings which I think are meant to deliberately confuse the public .
I commented in reply:
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The Trump election debacle demonstrates the bankruptcy of the current leadership of the Democratic Party. Faced with a foe who has engaged in serial bankruptcy as a business strategy, is a notorious know-nothing bully with a very sensitive ego, and is best known as the red-faced guy on reality TV who says “You’re fired”, they could not come up with a candidate and story to retain their core voters in the old rust-belt states.
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