The Berkshire Eagle has an op-ed Rinaldo Del Gallo, III: The race’s true progressive Also posted one Facebook.

I think it is a great explanation of his campaign, but I find a troubling theme that runs through it. Here is an example of what bothers me.

Many do not know that higher education at state schools was once quite affordable because government had the revenue to pay most of the tab.

It is kind of complicated, but if you talk about this in terms of revenue, then people are led to many false assumptions. In the 50’s and 60’s the idea of revenue might have been more appropriate because we were still on the gold standard back then. Nixon took us off the gold standard in 1972.

The real reason to have higher taxes is to stop inflation. Since the FED creates money at will, there is no such thing as “we don’t have the money”. However, if there is too much money so that the private sector can employ a large percentage of the economy’s capacity, and the government sector also tries to employ some of this capacity, then there will be inflation. For the government to use the part of the economy’s capacity for investment in the country, then we have to make sure the private sector only has the funds to use the available part of the economy’s capacity that is left.

New Economic Perspectives has the article Thomas Friedman Wants A “Center-Left” Democratic Party Based on Austrian Economic Myths.

The dishonest aspect of all this is that Friedman advises Hillary to adopt these hard-right dogmas, which have repeatedly led to the epidemics of elite fraud that drove our last three financial crises, as a means to achieve rapid economic growth and financial stability. The hilarious aspect of this is that Friedman claims that Hillary’s embrace of ultra-right wing tropes would produce a “compassionate, center-left Web party for the 21st century.” Center-left?

You need to be armed with the information in this article (it’s ok if you already know this information) to guard against being duped by phony, right-wing theories. If you are going to explain to other people what is wrong with these theories and especially with Libertarians in general, you need to know what is in this article.