Modern Money Operations

We discuss  modern monetary policy solutions most feared by the Plutocracy.

Obama Can Fix All of This: But Won't

Im_jus_sayin'

MSM: Lies About Deficits

Origins: Modern Monetary Theory

MMT: The Viable Solution

Kill F.I.C.A.

The U.S. Trade Scam

Trans Pacific Trade Scam

Monetary Sovereignty

Galbraith on Deficits

Obama, Austerity and Stupidity

The Good Federal Deficit

USA: The Corruption of Truth

The Stooges of Economics

Demagogue The Deficit

No More Buy America

Dollars are I.O.U.s

We Told You So

They Saw It Coming

Bush Era & Real Deficits

Identity Papers Pls.

Why Deficit Spending?

The Good Federal Deficit

Explaining Modern Money

Modern Money Primer

Lying About The CPI

Cantor Dictates Shutdown

Greenspan's Fraud

Obamacare Explained

Obama: Fix These Now

Oligarchs Love Huge Deficits

Monetary Sovereignty

Public Purpose of Money

Prof. Kelton & MMT

The MMT Solution 

Money Explained

A New Monetary System

Why Do They Tax Us?

Federal Tax Con Game

The Fraud In U.S. Tax Policy

Timeline US Recessions

So You Want To Vote-Ya Right

AARP POLICY FRAUD

AARP & SOCIAL SECURITY FRAUD

Fraud and the Fed

Greenspan’s Fraud Redux

Republican Budget Scam

American Banking Fraud

SCREW THE MIDDLE CLASS

Krugman A 1% Pimp

Affordable Health Care & You

Obamacare & You

Gaming Inflation Data

Hyperinflation 2011-2020

How the Banks Rob the US

Pyramid of Capitalism

Who Creates Jobs?

Capitalism and Democracy

OWS Declaration 

Your State Has Money

North Dakota's Genius

A Genius Amongst Use

The Regulations Myth

Out With Labor Day

Rich Get Richer

Ringing Your Bell

Books & National Money

The Big Spenders

They Knew

Ltr.:Congressman Moran

A. What's To Fix?

B. Here's the problem.

C. Here's the solution

D. Here are the technical details.


A. What's To Fix?


Income And Wages


The U.S. median income fell to $50,054 in 2011, which is the most recent full year in which that data is available. That's down 8.1 percent since 2007. Wages also fell to a record-low 43.5 percent of the economy in 2012, according to the New York Times.


Meanwhile, corporate profits are still booming.

When the economy was roaring in 2007, the U.S. unemployment rate was 5 percent. In January 2013 the unemployment rate was 7.9 percent.


Number Of People On Food Stamps

The number of Americans on food stamps surged to a record in 46 million in June 2012. That's compared to 26.5 million in 2007.


Uninsured Americans


More than 16 percent of Americans -- or 48.6 million people -- were uninsured in 2011, according to Kaiser Health News. This number is higher than what it was in 2007, when the share of uninsured Americans was 15.3 percent.


Student Loan Debt


The average student loan debt for a class of2011 graduate was about $26,500, according to the Project on Student Debt data cited by the New York Times. Since 2007, when the average student debt was $23,349, student loan debt has increased for almost every demographic and the size of that debt has gone up as well, according to Pew.


Homelessness


In 2011, 644,067 Americans experienced homelessness on any given night, according to data from the National Alliance to End Homelessness cited by NBC News. Though that number is actually down 13 percent from 2007, the decrease is largely attributed to a boost in the number of programs to help keep the homeless off the streets.


Children In Poverty


More than 16 million children -- or about 20 percent of American children -- were in poverty in 2011, according to the Census Bureau. That's up from nearly 18 percent of American children in 2007.


Homeownership


We're on our way to becoming a renter nation. The homeownership rate in the 12 months leading up to May 2012 was 65.4 percent, according to Census Bureau data cited by CNN Money. That's the lowest rate in 15 years. In the last quarter of 2007, the homeownership rate was 67.8 percent.


Foreclosures

There were 2.7 million foreclosures in 2011. That's up from 2.2 million foreclosures in 2007.


Income And Wages


The U.S. median income fell to $50,054 in 2011, which is the most recent full year in which that data is available. That's down 8.1 percent since 2007. Wages also fell to a record-low 43.5 percent of the economy in 2012, according to the New York Times.


Meanwhile, corporate profits are still booming.

When the economy was roaring in 2007, the U.S. unemployment rate was 5 percent. In January 2013 the unemployment rate was 7.9 percent.


Number Of People On Food Stamps


The number of Americans on food stamps surged to a record in 46 million in June 2012. That's compared to 26.5 million in 2007.


Uninsured Americans

More than 16 percent of Americans -- or 48.6 million people -- were uninsured in 2011, according to Kaiser Health News. This number is higher than what it was in 2007, when the share of uninsured Americans was 15.3 percent.


Student Loan Debt


The average student loan debt for a class of2011 graduate was about $26,500, according to the Project on Student Debt data cited by the New York Times. Since 2007, when the average student debt was $23,349, student loan debt has increased for almost every demographic and the size of that debt has gone up as well, according to Pew.


Homelessness


In 2011, 644,067 Americans experienced homelessness on any given night, according to data from the National Alliance to End Homelessness cited by NBC News. Though that number is actually down 13 percent from 2007, the decrease is largely attributed to a boost in the number of programs to help keep the homeless off the streets.


Children In Poverty


More than 16 million children -- or about 20 percent of American children -- were in poverty in 2011, according to the Census Bureau. That's up from nearly 18 percent of American children in 2007.


Homeownership


We're on our way to becoming a renter nation. The homeownership rate in the 12 months leading up to May 2012 was 65.4 percent, according to Census Bureau data cited by CNN Money. That's the lowest rate in 15 years. In the last quarter of 2007, the homeownership rate was 67.8 percent.


Foreclosures

There were 2.7 million foreclosures in 2011. That's up from 2.2 million foreclosures in 2007.

Oops! This site has expired.

If you are the site owner, please renew your premium subscription or contact support.