Economic growth, as gauged by increasing Gross Domestic Product (GDP), is a dangerous and anachronistic goal. The most viable and sustainable alternative is a steady-state economy. A steady-state economy has a stable or mildly fluctuating product
of population and per capita consumption, and is generally indicated by stable or mildly fluctuating GDP. The steady-state economy has become a more appropriate goal than economic growth in the United States and other large, wealthy economies.
Source: Green Party Platform adopted by 2020 presidential hopeful
, Jul 12, 2020
Socialize big banks; manage the national currency
The national currency is a vital common resource that should be managed in the public interest. We must nationalize the Federal Reserve System as a Monetary Authority in the Treasury Department. The Monetary Authority will create all national currency
(cash and electronic) free of any associated debt. New money will be credited to the account of the federal government as additional revenue to be spent into circulation in the economy in accordance with the federal budget.
Banks will be prohibited from creating new money as loans. Banks will borrow or raise money for lending from savers and investors, including the Monetary Authority. People and businesses will borrow from funds in the banks' accounts.
Socialize the big banks: The allocation of investments according to an economic plan requires a significant sector of public banks.
Income gap between rich and everyone else has grown
The income gap between the rich and everyone else has been growing markedly. As of 2017, the richest 0.1% take in 188 times as much income as the bottom 90%. Between 1979 and 2007, paycheck income for the richest 1% and 0.1% exploded.
Meanwhile, the bottom 90% of earners have seen little change in their average income, with just a 22% increase from 1979 to 2017. An estimated 43.5% of the population are either poor or low-income, according to the U.S. Bureau of Labor Statistics.
Income gap between rich and everyone else has grown
The income gap between the rich and everyone else has been growing markedly. As of 2017, the richest 0.1% take in 188 times as much income as the bottom 90%. Between 1979 and 2007, paycheck income for the richest 1% and 0.1% exploded.
Meanwhile, the bottom 90% of earners have seen little change in their average income, with just a 22% increase from 1979 to 2017. An estimated 43.5% of the population are either poor or low-income, according to the U.S. Bureau of Labor Statistics.
Source: Truthout.org on 2020 presidential hopefuls
, Apr 19, 2019
Increase social services while decreasing military & police
Budget Priorities:
Greatly Increase: Education, Environment, Public health services, Welfare
Slightly Increase: Agriculture, Arts, International aid, National parks, Scientific research, Space exploration
Greatly Decrease, Defense, Homeland
security, Law enforcement
Hawkins adds, "Greatly decrease Pentagon budget and increase spending on renewable energy conversion program for jobs, peaceful international relations and environment. Demilitarize space program."
Source: 2006 Congressional National Political Awareness
, Nov 1, 2006
