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Showing posts with label Medicare. Show all posts
Showing posts with label Medicare. Show all posts

Thursday, November 03, 2022

What Happens if the GOP Wins the Midterms? Take a Look at Collapsing Britain...AND GET OUT AND VOTE!

Much wisdom here from economist, journalist Umair Haque on Medium.com as folks head to the polls. You must first know that the British economy is currently in crisis, some of which you can read about here in this piece titled, "EXPLAINER: What caused UK’s economic crisis and what’s next?" He makes a connection to our midterm elections that folks should care deeply about. For example, he states herein:

"The midterms are...not just about moral objections to fascism — ideal-state of democracy stuff, or even January 6th-was-a-coup. All true, and that all matters intensely. They’re also about, though, the central truth fascism confronts us with. It’s a vicious cycle that does something paradoxical, strange, weird — it at once accelerates itself, sustains itself, by never solving the problems it purports to solve. It claims to end economic stagnation and decline — but all it really does is accelerate them. And by doing so, its fire keeps raging hotter and hotter. Britain exemplifies all that perfectly, and it’s not even fascist — just ultra nationalist. Where it ends up though, is anybody’s guess. America shouldn’t want to find out. It should learn the lesson of Britain in time for the midterms — and run away screaming from becoming a failed state like that, one that puts xenophobically finding someone new to hate every month, day, hour, a little more obsessively, over actually being a functioning modern society."

In short, we're not going to hate our own Black and Brown community, women, transgender kids, and immigrants—to prosperity. It simply doesn't work that way. The opposite is what is predictable, meaning ever more hatred and violence motivates a downward economic spiral where Medicare and social security are at significant risk, as President Biden recently expressed.

No, the British case fully exemplifies a very real possibility of a downward economic spiral with austerity becoming the norm. It becomes a state that hollows itself out for survival while unjustifiably lashing out against vulnerable people. Forget about a state that seeks to invest in affordable health care, clean energy, college for all, and other progressive policies that put people over profits.

The solution? Everybody must get out and vote. Doing nothing WILL make it worse. Do read the piece. Haque breaks it all down in simple terms. 

-Angela Valenzuela

#Vote #Vote2022 #SayNoToFascism #Fascism

Why British Collapse Should Be a Warning to Americans to Vote Like Hell in the Midterms


by Umair Haque | Medium.com | Nov. 2, 2022

If you want to know why the next six days of American democracy matter so much, well…just look at Britain. Americans of a certain kind — educated, civilized, cultured — are used to thinking of Britain as a wiser, genteel older brother, more European, less brutish, cloddish, more sophisticated and thoughtful. But now? Three letters sum it up: “LOL.”

The midterms are coming up. And on one level, Americans have begun to understand — thankfully, despite huge resistance from the very institutions which should have warned of it, like the media, news, intellectuals — that what’s at stake really is fascism versus democracy. But that distinction goes much deeper still than even those Americans, rightly fired up, yet think. And what’s become of Britain — it’s stunning descent into global laughingstock, pariah, and failed state — is probably a very good analogue for what could become of America if Republicans take over.

Let me explain, but first you have to clear your head of the notion that Britain’s the land of 007 and Mary Poppins and Harry Potter. Britain does a sterling job of public relations, with such cultural fictions — but the dismal fact is that today’s Britain is a far-right wing failed state. I’ll come back to that. First let’s talk about fascism — which is what America faces.

What is fascism, really? Where does it come from? The sadistic wish to annihilate — where does it even come from? Normal people don’t have one after all — they don’t want to break anyone’s kneecaps and torture them — but fascists do.

Fascism is ultimately a way to ration economic decline. This is going to be important, and it matters that Americans understand it. When does fascism occur? When times are good? When economies are booming? Of course not — when economies stagnate and decline to a certain critical point: middle and working classes implode. When that line is crossed, expect fascism. It happened in Weimar Germany — and it happened in America, too, around 2010 or so, hence figures like me and Sarah Kendzior began to predict a wave of real-deal fascism.

You should know this by now, but let quickly recap it. As working and middle classes plunge into despair — which really happened, and is happening in America, not to mention Europe, Britain, and even places like South Korea — they look for someone to blame. And demagogues, seizing the moment, point the finger at scapegoats. On and on it goes. Now. What does this vicious cycle mean fascism is?

Fascism is a system that can’t solve the very problems which give rise to it. In other words, it’s a vicious spiral. I don’t know if Americans really get that yet. So let me make it crystal clear. Fascists come along when times are bad — during Great Depressions and historic Stagnations and so forth. They point the finger at already marginalized groups, and say, if we just hate them enough to annihilate them, cleanse our society of them, all our problems will be fixed.

Which problems? Problems like falling real incomes, like a lack of savings, like a loss of optimism in the future, collapsing trust in institutions to provide one, widespread poverty, downward mobility. Fascism’s central claim is that it can fix those problems. Through the mechanism of just hating enough — to the point of very real violence, like torturing hated figures, breaking their kneecaps.

The real problem, though, is, that none of this works. Just hating some poor marginalized group — what does it fix? Does it create jobs for anyone? Lift incomes? Produce upwards mobility? Does it repair decrepit infrastructure or build schools and universities and factories? Of course not.

So stagnation only deepens, and decline only accelerates.

Wednesday, December 21, 2016

Trump Immigration Plan Could Cost US Billions, Report Says

Not holding my breath with a Trump administration, but rather than legislative fiat, we desperately need an honest debate on immigration that puts facts and economic self interest on the table—as it is very much to our peril that we do not.  This report titled, Money on the Table: The Economic Impact of Ending DACA,  reveals just how costly it would be for Donald Trump to end DACA:

Terminating the employment of these workers would affect payments to Medicare and Social Security by about $24.6 billion, in addition to reducing tax revenue, the new report said. The center said Medicare payments could shrink by $4.6 billion over a decade.

An honest debate on immigration would further call out how U.S. employers, including American households, hire undocumented immigrants who take jobs few others want even as they pay taxes and contribute significantly to the U.S. economy.

Angela Valenzuela
c/s

Trump Immigration Plan Could Cost US Billions, Report Says

12:50  21 december  2016

The task force would play a critical role in coordinating among government officials and private investors as the new administration prepares to inject hundreds of billions of dollars into projects across the country. Trump has pledged to mobilize anywhere from half a trillion to a trillion dollars into upgrading the nation’s aging roads, bridges and transportation hubs. But that plan might not rely on direct federal spending.
Families separated by the two countries chat along the U.S.-Mexico border fence at Border Field State Park, California, Nov. 19, 2016. © Photo: REUTERS/MIKE BLAKE Families separated by the two countries chat along the U.S.-Mexico border fence at Border Field State Park, California, Nov. 19, 2016. 
 
President-elect Donald Trump’s plans to overturn President Barack Obama’s executive order, which provides temporary protection from deportation for undocumented immigrants who entered the U.S. as children, could cost the country billions of dollars, a report revealed.

If Obama’s Deferred Action for Childhood Arrivals (DACA) program is repealed, 645,145 people would lose the legal right to work in the U.S., according to the San Francisco-based Immigrant Legal Resource Center’s study published last week. Terminating all these employees and finding replacements would cost businesses an estimated $3.4 billion, the report said. This would also put the employees at risk of deportation.
“By ending DACA, the President-elect would be undermining the nation’s promise to our retirees through the Social Security and Medicare trust funds and creating completely avoidable costs for employers. Ending DACA would mean leaving billions of dollars of revenue on the table, a misguided fiscal policy that would threaten the health of the American economy,” Jose Magaña-Salgado, Managing Policy Attorney at the Immigrant Legal Resource Center and author of the report, said in a statement.
Obama established DACA six years ago allowing young people, called DREAMers, the right to earn a license, enroll in colleges and legally secure jobs. Trump has threatened to rescind the executive orders that established this program on his first day in office.
The real estate mogul, when on the campaign trail, promised mass deportations of the estimated 11 million undocumented immigrants living in the U.S. and promised to build a wall along the U.S.-Mexico border. However, after his election victory, Trump said his administration would first deport all undocumented immigrants who had a criminal record, an estimated 2 million or 3 million people.
An October survey conducted by the liberal think tank Center for American Progress found that nearly 87 percent of people falling under the DACA program were employed earning an average of $13.96 an hour. The survey measured the loss to GDP over the termination of DACA at $433.4 billion over a decade.
Terminating the employment of these workers would affect payments to Medicare and Social Security by about $24.6 billion, in addition to reducing tax revenue, the new report said. The center said Medicare payments could shrink by $4.6 billion over a decade.
“The incoming Administration would be wise to leave DACA fully intact,” Magaña-Salgado said in the report.