Welcome to Vision for America. This site is under development and you are viewing a Beta version. Please view this as a proof of concept beginning that is a long way away from its final form, if there ever is such a thing. Hopefully, even in its current form you will gain new understandings of macroeconomics and how they apply to the Federal Government.
Without a vision of where we want to go, we will stay where we are.
America is the richest and largest country and economy in the world with tremendous untapped power and resources. However, very little of this power or potential is realized. Today far too many of America’s policies are more appropriate for third world developing countries rather than America. In the following series of videos and educational links on this web site you will be able to quickly understand the incredibly bright future that lies ahead for America.
The following videos will be a dramatic paradigm shift for many. Concepts such Federal Deficits create private wealth, the National Debt is really a measure of national wealth, at the Federal level balanced budget and debt limits have no meaning, full employment (0% not 4%) is possible and would wipe out poverty go against several decades of conventioanl wisdom. Yet, all of this is within the power of America once Americans and the Congress understand the balanced economy of macroeconomics.
Please start with a Balanced Economy, Full Employment, and Low Inflation. After that pick any topic that interests you.
The Education Tab under Reimagined is worth reading and the Policy Tab under Foreign Affairs has an information set of videos about China.
A Balanced Economy
The Federal Deficit
The National Debt
Economics & Monopoly
Education Pay it Forward
The Patriotic Service Corps
Inflation: It's Complicated
Stephanie Kelton’s NYT Best Seller, “The Deficit Myth“. Dr. Kelton makes the case for a balanced economy of full employment and low inflation of macroeconomics rather than a balance budget and debt limits of microeconomics.
Pavlina R. Tcherneva, “A Job Guarantee“. As an expert of the writings of Nobel Prize winning economist William Vickrey, Ms. Tcherneva is an internationally recognized economist and frequent speaker at Central Banks. The book is one of the Financial Times best economics books in 2020.
L. Randall Wray, “Modern Money Theory”, is the seminal college textbook on the subject. Each chapter has a part A for the average reader and a part B for economic nerds and policy wonks.
Edward Fullbrook, and Jamie Morgan, “Modern Monetary Theory and its Critics”. This book offers 18 papers and essays that provide a varying perspective on Modern Monetary Theory, MMT.
Kelton, S. (2020) Learn to Love Trillion-Dollar Deficits. The New York Times Opinion. 9 June.
Bossone, B. (2020) The Monetization of Fiscal Deficits: What is it Exactly? The Street, 28 April.
Krugman, P. 92020) Learn to Stop Worrying and Love Debt, Why you should ignore the coming Republican deficit rants. New York Times Op Ed, 3 December.