The Basic Income Guarantee And Monetary Reform

While I am new to the U.S. BIG Network, my interest goes back a long time. When I worked at the Carter White House, I was organizing a study group on monetary reform, which was to include income policy, when Carter was voted out of office in favor of Ronald Reagan in 1980. The election of 1980 was a watershed in U.S. history. It was a takeover of the policy apparatus of government by the extreme right-wing. This affected every aspect of American politics and culture. Those of us who remained in government but still believed we had a positive role to play in supporting the progressive aspirations of the American people thereafter kept a low profile. Later on, even the Clinton administration made many accommodations to the conservative attitudes which had entered public life with the Reaganites and with the Republican takeover of Congress in 1994. Some Democrats tend to romanticize the Clinton years, forgetting that the economic recovery of the 90s was fueled by foreign capital and ended with the bursting of the dot.com bubble and a stock market crash. From the standpoint of overall government policies, we have lived in an atmosphere dominated by the conservative ideology for a full generation. http://www.atlanticfreepress.com/content/view/1232/81/

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