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Win Back

The

American Dream

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Short Version

We live in the richest country in the world, richer than ever before.   Our $17 trillion economy is the highest in the world and the highest it has ever been. Government cuts have hurt our economy, because 70% of our economy is consumer spending. All economics textbooks say government spending grows the economy by putting more money in the pockets of everyday Americans.

Now is the perfect time to invest in our country and the future of our people. US government bonds are by far the safest investment in the world. Interest rates are so low, we can borrow money now for almost nothing.  Let’s invest in our future and grow our economy with jobs programs. Investing far more in education, infrastructure, energy efficiency, high-speed internet, and research will make America competitive again.

Win Back The American Dream (Full Version)

We live in the richest country in the world, richer than ever before, with far more millionaires (9.63 million) and billionaires (571) than any other country. In New York City alone, there are approximately 370,000 millionaires. Our $17 trillion economy is the highest in the world and the highest it has ever been.

Many politicians claim we don’t have the money for jobs programs, but all economics textbooks say government spending grows the economy by putting more money in the pockets of everyday Americans. Anything that increases spending by average Americans, such as raising the minimum wage, helps our economy because 70% of our economy is consumer spending.

Unfortunately, manipulative politicians have cut 650,000 government jobs since the financial crisis of 2008-9, including teachers, police, fire fighters, safety inspectors, construction workers, and social workers. They’ve also prevented normal hiring due to population growth, so we now have 2.3 million less government jobs than we likely would have had.

Every lost job has ripple effects on the economy, when those fired or never hired can’t spend money and support other businesses. This has kept our economy weak. In July 2014, the Center for American Progress reported Congress’ broad budget cuts in the previous few years had shrunk our economy by $351 billion. Now 65% of Americans say they are living paycheck to paycheck.

Again and again, history shows cutting government spending only hurts the economy. That is why over 350 prominent US economists denounced Congress’s budget cuts, arguing budget cuts hurt the economy. They argue spending more to create jobs in education, infrastructure, a smart grid, public transportation, and renewable energy will restore growth, increase revenues, and lower the deficit.

Now is the perfect time to invest in our country and the future of our people. Our government can borrow money incredibly cheaply. US Government bonds are, by far, the safest investment in the world.

In fact, Nobel Peace prize winning economist Paul Krugman notes interest rates on index bonds are barely above zero, so government financing for nearly anything we want, such as roads, bridges, and sewers, would be almost free. Also, our companies and our superrich have massive, untaxed savings. Right now, our country can very easily afford it.

Now is the time to end war, rebuild our infrastructure, educate our children better, and create jobs. Our government once spent immense amounts of money developing our infrastructure. Government spending built our schools, cities, bridges, and highways, made college very affordable, made us the world’s leader in the sciences, and sent men to the moon.

Let’s invest in our future and grow our economy with jobs programs. Investing far more in education, infrastructure, energy efficiency, high-speed internet, and research will make America competitive again.

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