My first thought is that we would need to look at what they thought, but also at how the People's view of that may have changed over the centuries. I can't think of anything specifically about" general welfare" in an amendment, but there may be some Supreme Court decisions.
Originally Posted by j-mac
I feel I'd wanna have Daniel speak for halftime.
I think that ["flooding the monetary supply"] is what is being done with that today, but my reference was in what daniel is preaching when he says …
I'm working on coming up with something to say about this. In the meantime , let me ask what you think of these excerpts:
fire up the mint, and create money to distribute, in the hopes that will spur the economy, when in reality it decreases the dollar's value, and makes prices rise.
"The Fed will eventually sell those bonds and securities and destroy the proceeds, reducing the money supply. All that money is just sitting around in banks. It hasn't been spent." — Flooded with Fed money, but no inflation in sight
," Marketplace.org, Sept 18, 2103
"Total reserves presently account for about 63% of the Fed's balance sheet liabilities, as of Jan 8 - $2.49 trillion of reserves on a balance sheet of $3.98 trillion. Of that reserve total, $2.41 trillion is classified as 'excess' over what is required by law, as of Dec 31. This would suggest that substantially none of the funds introduced via QE have been deployed for lending or other like purposes, as they shouldn't be classified as 'excess' if they had been." — a comment
on "What is quantitative easing?," The Economist
, Jan 14, 2014
I've been commenting on the proposal to raise the minimum wage in another thread: http://www.debatepolitics.com/genera...post1063262299 (Fact-Free Liberals)
I think I began expounding at the top of page 17. You might enjoy my little story in post #200; no one else seemed to.
Sorry to be asking you to read stuff I've put up before. I hope you won't think I'm a communist. They kicked me out and now I don't have an ideological home.