1960s National Debate Topic

1960s National Debate Topic
Thoughts of author Prof. Dr. Thomas Fletcher Grooms
The Father of Market Intelligence – The Master of the Family Business
https://tomgrooms.com

For four years in college, I participated on the collegiate debate team. It is interesting that one of the national debate topics then was should America have a National Guaranteed Income.

This was closely followed by the call for Universal National Health Care. As the world population continues to increase in numbers, there is a growing need for greater coverage of health care and medical services because of affordability and access.

Today, less than half of Americans can afford health care services and medicines. This includes a total composite of our population, both employed and unemployed.

Let’s consider a couple of determining factors. The Fed is the only institution which can create inflation (a problem) and then turn around declaring they are going to solve the problem that they created. This is done by putting more money into circulation and raising interest rates.

This year the Federal Reserve continues to create inflation which will cost taxpayers $5.5-$6 Trillion dollars for health care and medicines. The results are increases in the cost of living, declining lifestyle, and increasing hardships on most Americans, especially among poorer families and seniors.

This is not core-economic principles. It’s twisted economics using control of access to money, cost of money, and the general population.

For years I taught economics in college at the graduate level and there is no sound money and no economic theory or historical principles to support creative destruction. It only benefits a few and takes advantage of others.

I don’t use the word created loosely but there are no natural occurring economic factors for the current rise in cost of living and denying Americans an American Standard of Living. It’s stealth theft from ninety-five percent of our population who work or are retired.

The other determining factor is a marketing principle. Because of the Fed and negligence of our Congress there is a growing need for National Health Care.

Don’t misinterpret my always believing in Capitalism and Free-markets. It continues un-waivered with the caveat that I am aware that capitalism and free markets can’t continue in its present fashion because of the current condition.

We have plenty of wealth and can provide better care for our brother and sister Americans. Other countries can do the same.

Governments want to protect themselves from the masses. Politicians want to live for another day. Being strongly opposed to socialism, I don’t see a better way to calm the masses, make streets, businesses, and people safer than providing a base floor standard of living for all.

I personally would like to see the medical curriculums broadened to include support treatments and healing cures using other sciences and medical treatments from Chiropractic to Natural healing remedies from all over the world. We don’t have a monopoly on the practice of medicine.

We do have the best medical treatment of any country in the world. Medicine is as much a business as it is helping the sick.

We shouldn’t be so restrictive in the practice of medicine that American citizens have to go to other countries for specific treatments and cures. Not all Nurses and Doctors get enough respect or credit for all they do for us.

In the future, there will be fewer jobs due to expanding implementation of AI and programmable technology in proportion to the compounding of world population. Government and companies cannot provide the jobs for a decent standard of living for all who want to work, not in America, and not in other countries of the world.

The world population has become a problem and threat to governments in every country of the world. We see it in the news. We see it on the streets.

There are two foundation reasons for this. First no country can provide all the needed jobs for its population to feed, clothe and home them.

Second is the expanding use of AIs and programmable technology replacing human jobs on a rapid scale. AIs and programmable technology will eventually replace ninety-percent of existing jobs this century.

This is a good thing. It will create more leisure time and drastically change the average lifestyle of people all over the world.

However, it will destroy our current economic system. Therefore, a call for a National Guaranteed Income is calling us now.

This growing need is making past economic theory and principles obsolete. There is a calling for help in every country of the world and peaceful communities.

It may be unlimited capitalism is no longer affordable at the expense of human life. The ideal is to create a stronger environment for peace between institutions and people, if this is at all possible.

This might be false hope or a wrong conclusion. It’s like I’ve I come full circle from free-market capitalism to political science welfare for an open society.

This leads us into a third factor of the need for a virtual currency money system. This would erase all national debt in every country and make every country solvent with conversion to a virtual money data system.

It solves the financial debt problem of government. The debt wouldn’t be recorded and just disappear.

New problems will arise. In place of the problem for the national country debt and how to finance a National Guaranteed Income for basic subsistence and a National Health Care program for minimum medical care, money would no longer exist, only virtual digits of financial wealth.

One outcome would be with any AI and programmable technology, a massive surveillance system of everything we did, where we went, and what we spent. This goes against everything we’ve been taught in school. So, what are our best options …?

Evolved from the 1960s national debate, it’s a choice between unlimited open America with Capitalism and Free-markets or a blend with National Health Care and National Guaranteed Income. Building some type of forced peace in the current environment or a systemic foundation under a disenfranchised population who at present feel entitled to destroy what exists, may not be the best option, but it is a choice. What’s are your thoughts …?

The most profitable businesses are illness, war and politics. Whatever happens, either way, nothing will ever be the same …Tg

Caveat
This article is based upon extensive reading, research and experience.
The thoughts are the sole opinion of the author and non-advisory and nonpolitical. The written content is based on experience, opinions, and ideas and research of the author. The author is not engaged in rendering advice. Quotation of passages for purposes of academic research, academic papers, criticism, education, review, and teaching are permitted with proper acknowledgment of the author. All rights reserved.