With the 2020 Presidential election season upon us, the GOP is intent on presenting voters with a false choice of "socialism" vs "capitalism." But there is a major problem with the logic behind this message as economist Jerry Robinson explains in this week's provocative podcast.
Socialism in America, you say? Never! Economist and best-selling author Jerry Robinson lays bare the truth about socialism in America in his usual provocative manner, from the “political atheist” point of view.
Washington’s spending excess is indicative of a decadent empire in decline
Writing on the Wall: The US cannot sustain a 3% growth rate after 10 years into the slowest economy recovery in history
The Fed’s attempt to raise interest rates was met with a reversal, because America’s economy has proven to be too fragile for even one interest rate hike in 2019
There is a large discrepancy between Trump’s outlook and the Fed’s outlook on the economy
The national debt and deficits have more than doubled in recent years with little to no outrage in 2019
America’s two-party political system is basically owned by corporate and other special interest groups who represent the will of the elites (not the people)
Socialism is “a way of organizing a society in which major industries are owned and controlled by the government rather than by people and companies… “
Case in point: US Military is a social utopia – free benefits – all to the tune of $750 billion plus per year (courtesy of US taxpayers)
PRAISE FOR JERRY 'S BOOK "Jerry Robinson does an excellent job of explaining the 'Petrodollar' system. His book explains exactly how this will come about, but equally important is the comprehensive section on what you can do to protect yourself."
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