Summary
From Chapter 3 -- POLITICS AND THE CLASSICAL POLITICAL SOLUTIONS"Earned Wealth We are 'Entitled to', Not -- The Smoking GunThe middle class has lost ground. Thirty or forty years ago, it was possible to live a good life in America on earned income. But no one seems to know why the loss in earning power and Reaganomics is often blamed because the erosion in expendable wealth seemed to begin after his presidency. But I have a better answer and it's documented on film. On Sundays, back in the late 1970s early 1980s, spanning the Carter - Reagan Presidencies, there was a television program called "The Economists." A group of men sat around a table and discussed the US and global economies. One Sunday, to my shock and dismay, they agreed that many American families had too much disposable income to spend on leisure activities that they didn't approve of, and unlike Europe households, many needed only one breadwinner. So they agreed this should be fixed, to shift the use of the money supply to more acceptable purposes. The fourth pillar of Reaganomics -- control the money supply to reduce inflation would seem to apply here [5], but the completely autonomous seven member Federal Reserve Board of Governors, through the Fed Chair, actually controls the 'prime rate' and the money supply. [6] Read on. Common Sense Solutions for America is the "The How-to-Manual to Restore American Greatness" Liberals and Social-Democrats have nearly destroyed our country, with occasional help from naive Republicans. This handbook, written by a former Democrat, shows how to fix it.Imagine an America that provides healthcare for all and the federal budget is one-third smaller. Imagine an America where Social Security is solvent all the time, and taxes are paid fairly. Imagine an America that lives within a sensible budget.Deep in debt and on the verge of becoming enslaved to taxes, this skilled and practical-minded MBA uses simple terminology and useful aids to show how we can save $600B/year in healthcare costs, in part by redefining it, and fix our biggest financial problems, while exposing decades of political maneuvering and incompetence.To be a Liberal is to live a lie, given the meaning is "favoring maximum individual liberty in political and social reform" while more than two dozen non-liberal actions of national significance, documented herein, demonstrate that Liberals, a.k.a. Progressives, could be or should be called the American Taliban. But have no fear; we can turn America back to the way it should be.