Posted by WARREN MOSLER on June 25th, 2012
After hearing an explanation of Modern Monetary Theory by Warren Mosler, Occupy Dallas endorses his remedy for our nation’s current economic condition:
1-cut FICA taxes to end this regressive policy and allow greater spending.
2-disbursement of federal funds to states on per-capita basis
3-guaranteed “transitional” employment for anyone seeking a job at $8/hr
We feel these proposals are simple and effective and will serve the interests of the 99% far better than any “austerity” measures being considered by politicians in both major parties.