Are there really people out there just itching to start new businesses so they can get tax breaks? Who yearn to go into deeper debt to start a business which will probably go bankrupt within a few years?
Americans are more in debt than their government. To pretend that offering more credit is the way to economic health is astonishingly irresponsible.
Especially because while small businesses are encouraged to borrow, large corporations are subsidized by tax money. They get grants, not loans. They get land giveaways, infrastructure building, tax holidays and other "incentives", which workers and small businessmen pay for. They get welfare mothers forced to work for them for minimum wage.
We need to quit talking about stimulating the economy, saving the economy, or helping the economy.
The economy, which now seems to be a code word for the FIRE section of the economy, the part that lends money, is not working for actual people..
The government should help people, not the "economy".
Screw the banks. Let them fail.
The government has the power to issue money. The Constitution gives them to power to mint coins, i.e., money. The Powers That Be twist this into saying that the mints make coins, and the Federal Reserve prints the paper money. This is absurd. Clearly, minting coins means issuing money.
The US government has the power to mint coins, i.e. money.
Let the US government print money and pay people to do useful work, like teaching, firefighting, planting trees, refurbishing housing, laying lightrail track, building solar panels and windmills, taking care of children, providing clean water, and other socially necessary things.
The workers can then take that money and spend it on what they see fit, keeping farmers in business, local businesses going, etc.
Bring home all the troops and stop spending so much money on killing, corporate welfare, agribusiness welfare, Homeland Security, prisons, and other oppressive functions.
There. Take care of the people and the "economy" takes care of itself.
Let the US government print money and pay people to do useful work, like teaching, firefighting, planting trees, refurbishing housing, laying lightrail track, building solar panels and windmills, taking care of children, providing clean water, and other socially necessary things.
The workers can then take that money and spend it on what they see fit, keeping farmers in business, local businesses going, etc.
Bring home all the troops and stop spending so much money on killing, corporate welfare, agribusiness welfare, Homeland Security, prisons, and other oppressive functions.
There. Take care of the people and the "economy" takes care of itself.