Relieve Debts, Stop the Wars!

At home, America suffers from two big problems. For one thing, we suffer from stagflation – No inflation-adjusted GDP growth since 2008 and double-digit or nearly double-digit consumer price inflation since 2005! Why? Because Main Street -- the great many Americans -- and ordinarily the main drivers of economic growth --, is "overleveraged" (private debt is sky high as a share of GDP), leaving them with little disposable money to spend, so the real (productivity-side) economy stagnates. And because Wall Street, numbering a few, is awash with money, bailed-out time and time again, enticing them to speculate, which, in turn, drives up prices. The other big problem is public debt, so large now that interest payment on this debt is crowding out the rest of the government budget. What to do about the economy? First and foremost, RELIEVE PRIVATE AND PUBLIC DEBTS! How? See crushing private debt for what it is – a national emergency! Thus, taking pages out of the histories of ancient Israel and early America, institute a one-off, non-inflationary Modern Debt Jubilee! And see crushing public debt for what it is – a national emergency, too! Thus, do, above all, what the Republican Party did during the Civil War, namely, emit "Greenbacks" – a special kind of money that requires neither borrowing nor taxing to deploy. To relieve crushing private and public debts, I specifically offer my practical, detailed and verified solution: the "AMERICAN PROSPERITY PLAN."

America suffers from endless wars. Why? Above all, because we are mired in several catastrophic entanglements, especially vis-à-vis Ukraine, Israel, Iran (the Iran War) and the "petrodollar system." Lest we succumb to a draft, countless American casualties and world war, we must STOP THE WARS. How? Heeding George Washington, we should end all foreign entanglements. Instead, we should pursue a balanced, benevolent foreign policy and enter into all manner of constructive bargains in the Middle East, the rest of Asia and Europe. These bargains, including the "Two-State Solution," would help achieve peace through strength. But to be truly rid of wars, we need to be strong at home, especially through debt relief, as well as forge an ethical, noble world-wide alliance. From this position of overwhelming strength, we would be able to deal with and wait out the demise of our two biggest (and allied) foes - the Iranian Revolutionary Guard Corps and the Communist Party of China. To stop endless wars (and hopefully all wars), I specifically offer both my proposed American Prosperity Plan and its complement, my practical, detailed and verified foreign policy solution – "THE GRAND BARGAIN."