Tag: U.S. Economy
Treasury Secretary Steven Mnuchin claimed the ban is in retaliation for Cuba “providing a communist foothold in the region and propping up U.S. adversaries in places like Venezuela and Nicaragua.”
A network of public banks including a central bank operated as a public utility could similarly fund a U.S. Green New Deal – without raising taxes, driving up the federal debt, or inflating prices.
Without significant adjustments, mainstream economics will remain two steps behind changing realities on the ground, and economists will be risking a further loss of credibility and influence.
The Secure 2100 Act would protect and expand Social Security benefits to ensure no one retires in poverty.