The unsustainability of the American economy is as familiar as the
newscycle. There is no money for social programs, no money to run the
government, no money to cut taxes, and above all, we have to cut, cut,
But, what if it's not true?
Instead of familiar complaints about the national debt, leading to just slicing a shrinking economic pie differently, or worse, to Austerity Economics, the reality is that we already have all the wealth we could ever need. The tried and proven proposals in America Is Not Broke would guarantee America's prosperity, fairness, democracy, and economic and ecological sustainability. Four multi-trillion dollar reforms: Sovereign Money, Georgism, Public Banking, and Ending Government Financial Asset Hoarding, plus a few other major reforms, show how we can have it all, if we only learn where to look.
I was pleased to present a slideshow based on my book, "America is Not Broke!" at the Ecuadorian Consulate in NYC, sponsored by the Henry George School of Social Sciences in New York, where I am an Adjunct Teacher.
1. Sovereign Money, aka Greenbacking
2. Land Value Taxation, aka Georgism
3. Public Banking
4. Not discussed but in the book - Ending Government Financial Asset Hoarding (GFAH)
The full session ran 2 hours. What follows is a slightly condensed version (1.5 hours) video of the event.
And the version with my notes here: