Pennsylvania Treasurer

Pennsylvania Treasurer Led by Treasurer Stacy Garrity, the Pennsylvania Treasury Department serves as the state's financial custodian and is committed to improving the economic security of Pennsylvania and its citizens.

Treasurer Stacy Garrity and the Pennsylvania Treasury Department maintain this page to provide an electronic platform to directly communicate information related to Department functions and services – including the PA 529 College & Career Savings Program, PA ABLE (Achieving a Better Life Experience), unclaimed property, payment processing and public fund management. While comments, questions and requests for information related to any Treasury posting are welcome, Treasury expressly reserves the right to remove any post or comment containing language that is: obscene, sexual, vulgar, profane, demeaning, harassing, racist, violent, threatening, defamatory, libelous or off-topic. Posts that are commercial advertisements, solicitations, suggest or encourage any illegal conduct, contain personal information, support or oppose political campaigns or candidates or disclose confidential information may also be removed at the discretion of Treasury’s page administrator. Posts are a reflection of the author and do not necessarily reflect the official views of the Pennsylvania Treasury Department or the Commonwealth of Pennsylvania. Treasury reserves the right to remove posts and/or block users from contributing to this page for violation of its policies. All Facebook Terms and Policies apply to this page. Treasury may report any user to Facebook for violations of any of its Terms and Policies in addition to removing posts or blocking users. Adopted: October 14, 2016
Effective: October 19, 2016
Edited: May 7, 2021

Operating as usual

"Along with the 659 military decorations currently in the vault, Treasury has nearly $4 billion in unclaimed property wa...
05/13/2021
Treasurer Stacy Garrity announces return of military decorations

"Along with the 659 military decorations currently in the vault, Treasury has nearly $4 billion in unclaimed property waiting to be reunited with the rightful owners. The unclaimed property belongs to approximately one in ten Pennsylvanians, and includes things such as dormant bank accounts, stocks, and uncashed checks due to individuals, businesses, government entities, non-profit organizations and more."

Anyone can search the dedicated military decoration database or unclaimed property database by visiting https://www.patreasury.gov/unclaimed-property/.

The Daily Review

https://www.thedailyreview.com/news/local/treasurer-stacy-garrity-announces-return-of-military-decorations/article_717f3fdb-c53d-5081-9b80-2cc6a8428666.html

HARRISBURG — Treasurer Stacy Garrity announced Wednesday the return of military decorations to 11 different veterans and families of veterans.

Today, Treasurer Garrity is honored to announce the return of 72 military decorations to 11 different veterans and famil...
05/12/2021
Treasurer Stacy Garrity Announces Return of Military Decorations

Today, Treasurer Garrity is honored to announce the return of 72 military decorations to 11 different veterans and families of veterans.

The 72 decorations, including medals, pins, patches and military identification tags (dog tags), were sent to Treasury as unclaimed property as contents of abandoned safe deposit boxes. After diligent and sometimes painstaking research to locate the correct owners, the pieces will now be back in the right hands.

Since Treasury started the initiative in 2018, 370 military decorations have been returned.

Full release: https://www.patreasury.gov/newsroom/archive/2021/05-12-Military-Decorations.html.

The Pennsylvania Office of the State Treasurer serves as the custodian of more than $100 billion in Commonwealth funds, and is responsible for the receipt and deposit of state monies, investment management and oversight of all withdrawals and deposits from state agencies. Treasury also administers s...

“Right now, we have $110 million waiting to be claimed by people who lived – and in many cases still live – in Bucks Cou...
05/12/2021
Bucks Countians Have $110 Million Waiting For Them In State Treasury - LevittownNow.com

“Right now, we have $110 million waiting to be claimed by people who lived – and in many cases still live – in Bucks County. I encourage everyone to go to Treasury’s website, patreasury.gov/unclaimed-property, to see if any unclaimed property belongs to them.”

Levittown Now

http://levittownnow.com/2021/05/07/bucks-countians-have-110-million-waiting-for-them-in-state-treasury/

Close to $100,000 in unclaimed property was turned over to Bucks County officials Friday afternoon.

To help Pennsylvanians learn about the important features and benefits of PA ABLE, the Treasury is hosting a free webina...
05/11/2021

To help Pennsylvanians learn about the important features and benefits of PA ABLE, the Treasury is hosting a free webinar on Thursday, May 13th, at 10 a.m. EDT. An ASL Interpreter will be present.

Some of the topics that we will discuss include: eligibility requirements for opening a PA ABLE account, the federal and state tax benefits of PA ABLE, and how PA ABLE account interacts with current benefits.

Register for free at https://register.gotowebinar.com/register/6352180352945073163.

To help Pennsylvanians learn about the important features and benefits of PA ABLE, the Treasury is hosting a free webinar on Thursday, May 13th, at 10 a.m. EDT. An ASL Interpreter will be present.

Some of the topics that we will discuss include: eligibility requirements for opening a PA ABLE account, the federal and state tax benefits of PA ABLE, and how PA ABLE account interacts with current benefits.

Register for free at https://register.gotowebinar.com/register/6352180352945073163.

“It’s great to know that this money is back where it belongs and will be used by Bucks County to benefit its residents. ...
05/10/2021
Bucks Countians Have $110 Million Waiting For Them In State Treasury - LevittownNow.com

“It’s great to know that this money is back where it belongs and will be used by Bucks County to benefit its residents. The nearly $4 billion in unclaimed property at treasury doesn’t belong to us, and today’s event is a great example of how a little sleuthing can have a big impact on a whole community."

http://levittownnow.com/2021/05/07/bucks-countians-have-110-million-waiting-for-them-in-state-treasury/

Close to $100,000 in unclaimed property was turned over to Bucks County officials Friday afternoon.

#AskTreasury: Although Treasury does not administer PUA or UC, (that’s done by the Pennsylvania Department of Labor & In...
05/07/2021

#AskTreasury: Although Treasury does not administer PUA or UC, (that’s done by the Pennsylvania Department of Labor & Industry), we want to help by providing answers to questions you may have.

For guidance on PUA and UC 1099G forms, you can go to https://www.patreasury.gov/uc-swif-ssp/1099G/.

#AskTreasury: Although Treasury does not administer PUA or UC, (that’s done by the Pennsylvania Department of Labor & Industry), we want to help by providing answers to questions you may have.

For guidance on PUA and UC 1099G forms, you can go to https://www.patreasury.gov/uc-swif-ssp/1099G/.

"Pennsylvania ABLE accounts allow eligible individuals with qualified disabilities to save tax-free for disability-relat...
05/07/2021
Legal Ease: ABLE Accounts -- a tool for special needs planning

"Pennsylvania ABLE accounts allow eligible individuals with qualified disabilities to save tax-free for disability-related expenses without jeopardizing any means-based government benefits the individual may be receiving.

Although the law has been around for over five years, many families are unaware of the benefits of ABLE accounts for individuals with a disability:"

Montgomery News

https://www.montgomerynews.com/entertainment/legal-ease-able-accounts----a-tool-for-special-needs-planning/article_1e9a9c9b-ebdb-55cb-90f3-b045a6883984.html

The Achieving a Better Life Experience (ABLE) Act was passed in December 2014. On April 18, 2016, Pennsylvania enacted its own legislation on ABLE accounts and in 2017 the Pennsylvania

“Pennsylvania has a rich history of manufacturing that dates back to before the American Revolution, and manufacturers a...
05/06/2021
Treasurer Stacy Garrity announces campaign highlighting Pennsylvania’s manufacturers and makers

“Pennsylvania has a rich history of manufacturing that dates back to before the American Revolution, and manufacturers are vital to our economy. They give back in so many ways, from producing the goods we need in our daily lives to contributing tens of billions of dollars to our economy. I’m excited to recognize manufacturers and makers of all kinds – from a single person building furniture in a small woodshop to large companies with hundreds of employees – through this social media campaign.”

To recommend a Pennsylvania-based business to be highlighted on #MadeInPAMondays, email [email protected].

The Daily Review

https://www.thedailyreview.com/news/business/treasurer-stacy-garrity-announces-campaign-highlighting-pennsylvania-s-manufacturers-and-makers/article_4f4aa008-26ce-5b6e-a941-fbd9b96cccbd.html

HARRISBURG – Treasurer Stacy Garrity announced a new social media campaign, #MadeInPAMondays, to highlight the work being done by manufacturers and makers across Pennsylvania.

Timeline Photos
05/04/2021

Timeline Photos

Throughout the month of May, member organizations of the PA Military Finance Alliance will be offering free, noncommercial financial capability webinars focusing on the unique financial challenges facing members of the military, veterans, and their families in recognition of Military Appreciation Month.

“Making $ense of Finance” events will take place each Tuesday and Wednesday in May. Register here: https://bit.ly/3xs3EaO

Treasurer Garrity is excited to announce a new social media campaign, #MadeInPAMondays, to highlight the amazing work be...
05/03/2021
Treasurer Stacy Garrity Announces Campaign Highlighting Pennsylvania’s Manufacturers and Makers

Treasurer Garrity is excited to announce a new social media campaign, #MadeInPAMondays, to highlight the amazing work being done by manufacturers and makers across Pennsylvania.

Manufacturing jobs account for 10 percent of Pennsylvania’s employment, and the manufacturing sector generated about $93 billion in economic activity in 2019 – up from $87 billion in 2018, according to the Pennsylvania Manufacturers' Association.

Follow along with Treasury on Instagram every week to learn more about the Keystone State’s unique and influential manufacturers!

https://www.patreasury.gov/newsroom/archive/2021/05-03-MadeInPAMondays.html

The Pennsylvania Office of the State Treasurer serves as the custodian of more than $100 billion in Commonwealth funds, and is responsible for the receipt and deposit of state monies, investment management and oversight of all withdrawals and deposits from state agencies. Treasury also administers s...

“It’s a tremendous achievement that the PA ABLE program has flourished so much in its four short years. This program has...
05/03/2021
Advocates, officials look to expand PA ABLE Act eligibility

“It’s a tremendous achievement that the PA ABLE program has flourished so much in its four short years. This program has a positive impact on thousands of Pennsylvanians working to ensure their own and their loved ones’ financial stability.”

https://www.buckscountycouriertimes.com/story/news/2021/05/01/pa-able-act-savings-program-disabled-residents-looks-expand/4890549001/

The Pennsylvania ABLE Act program has crossed the $50 million threshold, and now Sen. Bob Casey and others look to expand eligibility by increase age limit

"Pennsylvania, in 2018, was the first to adopt legislation to create accounts for all children born in the state..."Now,...
04/30/2021
College Accounts at Birth: State Efforts Raise New Hopes

"Pennsylvania, in 2018, was the first to adopt legislation to create accounts for all children born in the state..."

Now, Keystone Scholars provides $100 for EVERY baby born to a PA family after December 31, 2018 to be used for future education expenses!

Learn more at http://Pa529.com/keystone.

The New York Times

https://www.nytimes.com/2021/04/27/business/economy/child-education-accounts.html?smid=tw-share

Creating and seeding accounts for every newborn is found to have an impact on aspirations as well as savings.

Modeled after college savings accounts, ABLE accounts allow individuals with qualifying disabilities and their families ...
04/28/2021
PA ABLE Savings Program

Modeled after college savings accounts, ABLE accounts allow individuals with qualifying disabilities and their families to save for a wide range of disability-related expenses.

Learn more at https://www.paable.gov/!

The Pennsylvania ABLE Savings Program (PA ABLE) is an extraordinary, new, low-cost saving vehicle that gives people with disabilities and their families a tax-free way to save for disability-related expenses while maintaining government benefits. Federal and state law authorized the creation of PA A...

Treasury has military decorations in the vault, including Purple Hearts and Bronze Stars, and Treasurer Garrity is focus...
04/27/2021

Treasury has military decorations in the vault, including Purple Hearts and Bronze Stars, and Treasurer Garrity is focused on returning those medals to their rightful owners, or their families.

Search our database: https://www.patreasury.gov/unclaimed-property/medals/

Treasury has military decorations in the vault, including Purple Hearts and Bronze Stars, and Treasurer Garrity is focused on returning those medals to their rightful owners, or their families.

Search our database: https://www.patreasury.gov/unclaimed-property/medals/

Learn how to tackle one of the biggest financial concerns with reminders and tips about planning for education expenses....
04/26/2021

Learn how to tackle one of the biggest financial concerns with reminders and tips about planning for education expenses. pa529.com/keystone for more information.

Learn how to tackle one of the biggest financial concerns with reminders and tips about planning for education expenses. pa529.com/keystone for more information.

Timeline Photos
04/23/2021

Timeline Photos

30 Days of Tips on Financial Empowerment for People with Disabilities

Tip #23: It always pays to work!
“There’s a lot of misinformation out there about people with disabilities not being able to work and maintain needed benefits at the same time – and this is simply untrue! With options like ABLE accounts for savings, and Social Security Work Incentives, and Medical Assistance for Workers with Disabilities (MAWD), there are lots of ways to keep the benefits you need and still get the satisfaction and income that comes with a career!” – Susan, PATF CEO

Learn more about Pennsylvania's ABLE program, #PAABLE: paable.gov
Learn more about Work Incentives and other Social Security job supports: https://choosework.ssa.gov/findhelp/
Learn more about MAWD: https://www.dhs.pa.gov/Services/Assistance/Pages/MA-for-Disabled-Workers.aspx

Stay tuned for more great tips throughout April for #FinancialLiteracyMonth!

Babies born to a woman enrolled in WIC at their time of birth are eligible for an additional $50 Bright Future Booster d...
04/22/2021

Babies born to a woman enrolled in WIC at their time of birth are eligible for an additional $50 Bright Future Booster deposit. Learn more at pa529.com/keystone or talk to your WIC nutritionist.

Babies born to a woman enrolled in WIC at their time of birth are eligible for an additional $50 Bright Future Booster deposit. Learn more at pa529.com/keystone or talk to your WIC nutritionist.

"This program has a positive impact on thousands of Pennsylvanians working to ensure their own and their loved ones’ fin...
04/20/2021
Casey, Garrity, Baker announce PA ABLE’s $50M asset milestone | Times Leader

"This program has a positive impact on thousands of Pennsylvanians working to ensure their own and their loved ones’ financial stability."

Times Leader

https://www.timesleader.com/news/1304839/casey-garrity-baker-announce-pa-ables-50m-asset-milestone

WILKES-BARRE — U.S. Sen. Bob Casey and Pennsylvania Treasurer Stacy Garrity announced that the PA ABLE savings program for people with disabilities has reached the $50 million asset milestone.

"More than 4,800 Pennsylvanians with disabilities have opened tax-advantaged PA ABLE savings accounts to pay for disabil...
04/19/2021
Pa. ABLE savings for people with disabilities cross $50 million mark

"More than 4,800 Pennsylvanians with disabilities have opened tax-advantaged PA ABLE savings accounts to pay for disability-related expenses in the four years since the commonwealth’s program was established."

PennLive.com

https://www.pennlive.com/news/2021/04/pa-able-savings-for-people-with-disabilities-cross-50-million-mark.html

The number of these tax-advantaged savings accounts to help pay for disability-related expenses has more than doubled in two years while the amount of money deposited in them has more than tripled in that timeframe.

"The Keystone Saves program would allow workers to achieve a secure retirement. Demand for such an opportunity is high: ...
04/19/2021
Keystone Saves Would Increase Retirement Security in Pennsylvania

"The Keystone Saves program would allow workers to achieve a secure retirement. Demand for such an opportunity is high: Other statewide IRA programs have seen participation rates of 60% to 80% of eligible workers."

The Pew Charitable Trusts

https://www.pewtrusts.org/en/research-and-analysis/fact-sheets/2021/04/keystone-saves-would-increase-retirement-security-in-pennsylvania?utm_campaign=financeandeconomy_retsa_retirement_______&utm_source=twitter_states&utm_medium=social&utm_content=article_autoiras____linkcard_&utm_term=___

The Pew Charitable Trusts urges the creation of Pennsylvania’s Keystone Saves. This state-facilitated retirement savings program for businesses without a retirement plan relies on regular payroll contributions to fund individual retirement accounts (IRAs).

Love the fact that Eagles starting quarterback Jalen Hurts is setting aside money for his sister to attend college! Plan...
04/16/2021
Eagles' Jalen Hurts Tells GQ He Has $70,000 Set Aside To Help Sister Pay For College

Love the fact that Eagles starting quarterback Jalen Hurts is setting aside money for his sister to attend college! Planning ahead is the best way to get it done.

If you want to help someone in your family prepare for post-secondary education (college or career), check out the PA 529 program: https://pa529.com.

https://philadelphia.cbslocal.com/2021/04/15/jalen-hurts-sister-college-tuition-gq-interview/

In an interview for GQ's "How I Spent My First Million" video series, the Eagles QB said that he's set aside money to help his sister pay for college.

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UPDATE: Yeah - just FYI - the email address - it didn't help. No one has even opened the email (𝘙𝘌𝘈𝘋 𝘙𝘌𝘊𝘌𝘐𝘗𝘛 - 𝘵𝘩𝘦 𝘴𝘢𝘮𝘦 𝘪𝘴𝘴𝘶𝘦 𝘢𝘵 𝘜𝘊 𝘴𝘰 𝘪𝘧 𝘵𝘩𝘦𝘺 𝘢𝘳𝘦 𝘴𝘢𝘺𝘪𝘯𝘨 𝘵𝘩𝘦𝘺 𝘢𝘳𝘦 𝘰𝘱𝘦𝘯𝘪𝘯𝘨 𝘵𝘩𝘦𝘮 𝘪𝘯 𝘟 𝘥𝘢𝘺𝘴, 𝘐 𝘤𝘢𝘯 100% 𝘴𝘢𝘺 𝘔𝘐𝘕𝘌 𝘢𝘳𝘦 𝘯𝘰𝘵 𝘣𝘦𝘪𝘯𝘨 𝘰𝘱𝘦𝘯𝘦𝘥. 𝘛𝘩𝘦 𝘭𝘢𝘴𝘵 𝘰𝘯𝘦 𝘵𝘰 𝘜𝘊 𝘸𝘢𝘴 𝘖𝘝𝘌𝘙 𝘈 𝘔𝘖𝘕𝘛𝘏 𝘈𝘎𝘖 - 𝘶𝘯𝘰𝘱𝘦𝘯𝘦𝘥, 𝘶𝘯𝘢𝘯𝘴𝘸𝘦𝘳𝘦𝘥, 𝘶𝘯𝘳𝘦𝘴𝘰𝘭𝘷𝘦𝘥), so I guess I just start over again tomorrow, sitting on hold and trying to get through for hours upon hours. It is absolutely ridiculous - no payments since Jan, and the hold up is 100% PA's issue as there is nothing wrong on my side. UC blames the treasury, and there is no one at the treasury I can get through to. Maybe I need to start contacting elected officials? Anyone have any luck getting PA to fix an error they made so your funds can get released? (𝘖𝘳 𝘣𝘦𝘵𝘵𝘦𝘳 𝘺𝘦𝘵, 𝘢𝘯𝘺𝘰𝘯𝘦 𝘩𝘢𝘷𝘪𝘯𝘨 𝘢𝘯𝘺 𝘭𝘶𝘤𝘬 𝘕𝘖𝘛 𝘗𝘈𝘠𝘐𝘕𝘎 𝘉𝘐𝘓𝘓𝘚 𝘢𝘯𝘥 𝘳𝘦𝘭𝘢𝘺𝘪𝘯𝘨 𝘵𝘩𝘪𝘴 𝘢𝘴 𝘵𝘩𝘦 𝘳𝘦𝘢𝘴𝘰𝘯 𝘢𝘯𝘥 𝘩𝘢𝘷𝘪𝘯𝘨 𝘢𝘯𝘺 𝘴𝘺𝘮𝘱𝘢𝘵𝘩𝘺 𝘰𝘳 𝘤𝘰𝘮𝘱𝘢𝘴𝘴𝘪𝘰𝘯?) I am at a loss on how to get a UC issue caused by either UC or the treasury fixed. I am going on 2 months now of being told my funds will be released only to not have it happen. Now UC is saying everything they have is correct; it is the treasury. But I call and hold for hours, and no one answers; I can't leave a message, there is no chat, and NO ONE responds to the inquiries sent through the generic web form. How is someone supposed to resolve issues caused by the PA offices of either the treasury or UC if no one will actually work with me to figure out what went wrong? In my life, I have NEVER asked a client or customer to put in SO MUCH EFFORT to fix a mistake I MADE. AGAIN, there was no paperwork issue, no forms missing, no hearing - I was laid off due to COVID, and I qualifies - no issues until PA moved me to PEUC. How do I fix that so the treasury releases the monies they are supposedly holding? How do I get assistance?
"MMT Is Already Helping: BY, Pavlina R. Tcherneva, In a response to Doug Henwood’s critique, Pavlina Tcherneva makes the case for the analytical power and political potency of of Modern Monetary Theory....." https://m.facebook.com/story.php?story_fbid=880672759171359&id=100016859292502 "In short, there is no hard-hitting analytical critique of MMT and thus nothing to debate. Henwood has not refuted a single one of our claims. What I got from his piece is the following. Henwood wants to wage “class struggle” via fiscal policy and specifically tax policy. Worse, he wants to expropriate the wealth of the rich by making it more digestible for them. He says that “rich people would have a lot harder time complaining about their money being taken to educate kids and save the planet than if it were taken because they were too rich.” Which sounds very much like, “sorry to be taking your money but we really, really need it, don’t you agree?” What a class war! Henwood does not acknowledge that one of the most effective ways of engaging in this struggle is to render the wealthy obsolete — as in, we will stop pretending that we need them to pay for the good society. In a world with a sovereign currency and modern monetary and fiscal institutions, we never really did, and we sure don’t now. And the public needs to know it. That’s the MMT message. For the record MMT, as Henwood acknowledges, has always argued for taxing the wealthy to address the problems of inequality and political power, but we also offer a different kind of empowerment — one that comes with lifting the veil of money. I would say that Henwood (like other “tax-the-rich-to-pay-for-progress” lefties) is tethered to the wealthy by an imaginary umbilical cord that holds his progressive agenda hostage to his oppressors. To me, this is the definition of a self-induced paralysis. Time to cut the cord. MMT has a profound emancipatory power and the Left would do well to awaken to its potential. The MMT ship has sailed, whether Henwood is aboard or not. Anyone serious about bold progressive policies is already ignoring the austerians and lefty deficit scolds like Henwood. The Green New Dealers aren’t waiting for the “tax-the-rich socialists” to win their class war just in time, before irrevocable climate change is upon us. They are rolling up their sleeves and getting to work. They know that we have far greater problems to solve, namely how to reorganize our resources and production to ensure an inclusive and just transition to a green future that can secure a decent life for all. And so long as we have the will to do the hard work, we have the means to pay for our policy priorities. Henwood may think MMT is a distraction, but the record stands. We have done the heavy lifting to bust formidable, decades-long myths about government spending, to help shift the Overton window and pave the way for today’s bold and unapologetic programs that reclaim the state. The real distractions are those, like Henwood, who, hoping to influence the public conversation, cling to sclerotic visions of public finance"
You can't get through on the phone and email says it will be returned in 24 to 48 hours. Nope hasnt happened. So how does anyone get answers??
Via Economist Ellis Winningham "Those of you who were born after 1979, get ready for a shocker..." https://m.facebook.com/story.php?story_fbid=866294727275829&id=100016859292502 "Whilst I have taught MMT for years to the public on social media, my main concern for many years has always been, first and foremost, unemployment and providing fantastic jobs at a decent wage to anybody who wants a job. You see, politics is a major problem. It maliciously clouds and then erases the memories of those members of the American public who are old enough to remember the 1970’s and earlier, and brainwashes those who are too young to remember. In fact, those old enough to remember and those too young will scarcely believe me when I point out that the platforms of both major political parties in the United States were once full employment platforms, where the federal government set out to ensure that everyone who wanted a good paying job could have a job. The 1972 Republican Party Platform: "We stand for full employment - a job for everyone willing and able to work in an economy freed of inflation, its vigor not dependent upon war or massive military spending." The 1972 Democratic Party Platform: "Full employment—a guaranteed job for all—is the primary economic objective of the Democratic Party. The Democratic Party is committed to a job for every American who seeks work. Only through full employment can we reduce the burden on working people. We are determined to make economic security a matter of right. This means a job with decent pay and good working conditions for everyone willing and able to work and an adequate income for those unable to work.” Full employment - a guaranteed job for everyone willing and able to work in an economy freed of inflation – and an adequate income for those unable to work, is the primary objective of my efforts. And it is not just my objective, but that of many others who work tirelessly to educate the public. That objective is embodied in the Federal Job Guarantee proposal. We seek to fundamentally change the economy for the betterment of society and that of humanity. But you will hear limp excuses from the neoliberal crowd and those whose thoughts have been subjugated by its nefarious teachings, that things have changed. “This is a different era. We can’t have full employment any more. The robots are coming! The fiscal cliff! The world’s opinion of the dollar! China! Petrodollar! Printing money! QE! The Global Financial Crisis! The… the… Quick! What’s another excuse I can use?” Puerile nonsense. Corporations and the rich set out years ago to eliminate full employment environments in order to suppress wages and to decimate the power and influence of unions, so they could line their own pockets without having to… Ahem… “Work hard and play by the rules”. These threatening statements that we hear: “This is a different era! Inflation! The robots are coming! The fiscal cliff! The debt ceiling! The world’s opinion of the dollar! China! The national debt! The petrodollar! Printing money! QE! The federal government is broke!” are all pathetic excuses that are designed to do one thing: To block full employment from ever becoming a reality again. As long as forced unemployment exists, corporations and the rich can continue to threaten workers with the economic fear of unemployment lines, and the negative social stigma of the shame of unemployment to force them into compliance, expending their energy squeezing 40 hours worth of work into a 16 hour week, whilst corporations and the rich soak up the national income for themselves and continue to control both the nation’s government and its real resources. That is what this talk of fiscal cliffs, a bankrupt federal government, and the national debt is really all about: Maintaining an environment of forced involuntary unemployment and low wages. The Federal Job Guarantee means the beginning of the end for neoliberalism, and I work to bring about its end." #JobGuarantee #LearnMMT #AmericaOverOligarchy #EndBipartisanRaceAndClassWar