Dear President Obama

Please have you economics team address three issues, and respond in detail:

1. The failure of austerity worldwide and the wisdom of cutting the US defect.

This is the context of:

2. Modern Monetary Theory’s requirement for a positive balance in the private sector, which is in opposition to cutting the deficit.

3. L Randell Wray’s approach to Jobs with a Federally backed Job Guarantee with the Federal Government becoming the Employer of Last Resort.

This would be a wonderful legacy for you, a complete change in Washington.



If you don’t ask you don’t get.