University? What madness is this? All of the propaganda starts in schools. Right now the "Are you a boy or a girl?" crowd has the agenda?" Wrong is good, lies are truth and truth are lies.
If they didn't screw around so much in grade school with propaganda, left or right, kids would have an education by the time they were 20.
But then again, what are they teaching?
How to exploit resources and people are really the only things taught in school and the results are pollution and/ or war.
The complexity of the systems we have setup is mind-boggling.
In essence we need the poor to become educated but don't because the educated will exploit resources after being taught by lizard brained professors to destroy the planet.
The student loan buy back isn't about citizens, it is about banks getting their money. Banks have overextended their credit. The current recession and inflation will soon blow up all money. And banks are out of value and the buyback program is a facade of injecting valueless currency into an economy to win a midterm. Everything in the USA is on credit. Europe is worse. This facade of credit has destroyed the west.
War is looming. They need to kill us off before we catch them.
Let me explain sectoral balances to you: in one way, the economy can be looked at through the lens of the three sectors, the public sector, the private sector, and the third sector, the balance of trade between the US and the rest of the world. Since the third sector is somewhat settled (and please don't change the subject by trying to argue about that), we generally consider the balance between the public sector and the private sector.
The public sector is defined as the activity of the US government. The private sector is the ordinary people and the businesses they own or work for.
One major difference between them is that the government is the currency CREATOR. (US Constitution, Article 1, Section 8) The private sector consists of currency USERS.
Since the government creates its own currency, it can never "go broke" or fail to meet any of its own debts in its own currency. We, however, are not in that halcyon position. We know that we have to pay back any debt we occur.
This is why it's a mistake to talk about the government's "budget." We are automatically and emotionally thrown into a comparison with our own household budget, but they aren't remotely similar.
Finally, the "deficit" is the sum of the amount of money the government spends into the economy minus the taxes it receives. Of course the government spends more than it gets back! (Consider what our situation would be if we owed more than the government created.) Please leave aside "the debt" for a moment. The deficit and the debt are not synonymous.
Comparing the balance of the two sectors, then, if the government has a deficit, the people don't have to borrow as much. Stephanie Kelton addresses this in her book, The Deficit Myth. When a bunch of balance-the-budget neoliberals get in power, though, and want to lower the deficit, the amount that ordinary people will have to borrow RISES.
High deficit = lower peonage debt
Low deficit = high peonage debt
And the government can never go broke for any debt it incurs in its own currency.
Moral of the story: it's better for you & me to have the government have a larger deficit than for us to go into debt. They can afford it and we can't.
University? What madness is this? All of the propaganda starts in schools. Right now the "Are you a boy or a girl?" crowd has the agenda?" Wrong is good, lies are truth and truth are lies.
If they didn't screw around so much in grade school with propaganda, left or right, kids would have an education by the time they were 20.
But then again, what are they teaching?
How to exploit resources and people are really the only things taught in school and the results are pollution and/ or war.
The complexity of the systems we have setup is mind-boggling.
In essence we need the poor to become educated but don't because the educated will exploit resources after being taught by lizard brained professors to destroy the planet.
The student loan buy back isn't about citizens, it is about banks getting their money. Banks have overextended their credit. The current recession and inflation will soon blow up all money. And banks are out of value and the buyback program is a facade of injecting valueless currency into an economy to win a midterm. Everything in the USA is on credit. Europe is worse. This facade of credit has destroyed the west.
War is looming. They need to kill us off before we catch them.
Where will you run, should be your concern.
"But then again, what are they teaching?"
How to answer multiple choice tests with a passing grade.
We got bins, lots of bins, now start hacking yourself up and throwing different parts of
you into the bins for sorting.
Orwellian Common Core, to divide a nation against itself even further.
Let me explain sectoral balances to you: in one way, the economy can be looked at through the lens of the three sectors, the public sector, the private sector, and the third sector, the balance of trade between the US and the rest of the world. Since the third sector is somewhat settled (and please don't change the subject by trying to argue about that), we generally consider the balance between the public sector and the private sector.
The public sector is defined as the activity of the US government. The private sector is the ordinary people and the businesses they own or work for.
One major difference between them is that the government is the currency CREATOR. (US Constitution, Article 1, Section 8) The private sector consists of currency USERS.
Since the government creates its own currency, it can never "go broke" or fail to meet any of its own debts in its own currency. We, however, are not in that halcyon position. We know that we have to pay back any debt we occur.
This is why it's a mistake to talk about the government's "budget." We are automatically and emotionally thrown into a comparison with our own household budget, but they aren't remotely similar.
Finally, the "deficit" is the sum of the amount of money the government spends into the economy minus the taxes it receives. Of course the government spends more than it gets back! (Consider what our situation would be if we owed more than the government created.) Please leave aside "the debt" for a moment. The deficit and the debt are not synonymous.
Comparing the balance of the two sectors, then, if the government has a deficit, the people don't have to borrow as much. Stephanie Kelton addresses this in her book, The Deficit Myth. When a bunch of balance-the-budget neoliberals get in power, though, and want to lower the deficit, the amount that ordinary people will have to borrow RISES.
High deficit = lower peonage debt
Low deficit = high peonage debt
And the government can never go broke for any debt it incurs in its own currency.
Moral of the story: it's better for you & me to have the government have a larger deficit than for us to go into debt. They can afford it and we can't.