Prue Plumbridge: I don’t care which government of whatever political persuasion talks about saving the government money or balancing public accounts, we need to call them out.
Firstly, governments don’t and can’t SAVE money. That’s not how it works.
Governments make policy decisions about how to spend public money not based on the tax collected or the money it might be able to borrow. They make those decisions based on their ideologically driven preferences. Quite simply there are no pots of taxpayers’ money which must be divvied out between government departments to pay for public services or social security.
As Alan Greenspan, former head of the Federal Reserve made clear to Congressman Paul Ryan:
“There’s nothing to prevent the federal government from creating as much money as it wants and paying it to somebody. The question is, how do you set up a system which assures that the real assets are created which those benefits are employed to purchase.”
Resources are what limit any government’s capacity to spend, not money in a mythical pot.
This is not about ignorance about how a currency issuing government spends. Governments of all colors know perfectly well the household budget con they are perpetrating. They play cruel games with people’s lives.
It’s time the public woke up to the fact that when it suits government there is always plenty of money for war, its rich mates in tax breaks, bailing out banks or failed public/private enterprises. Taxpayers are never asked to foot the bill unless it’s for public services such as a publicly provided and paid for healthcare service.
For how much longer will people tolerate the lies and their dispossession?
"Trump Administration officials have suggested ways to save the government money in the next budget. And, no surprise, some of the savings are expected to come at the expense of working people.
The proposals call for slashing the wages of federal workers, endangering their retirement, making them pay more for health care – even taking away paid holidays.
“This is a continuation of the near-constant attacks on federal employees,” said Government Employees Department Director Paul O’Connor.“Just like the tax plan, it’s about paying dividends to the richest and leaving pennies for the rest of us.”