federal deficit
is the amount of money spent by the government in a single year, minus what it collects back in taxes.
(The national debt is the sum total of every deficit since the country began.)
[#LearnMMT THREAD]
chooses to
do,
who they choose to do it
for,
and who they choose to
not
do it for.
how moral,
equitable,
efficient, and
INFLATIONARY
that spending is.
If we have the resources to do it,
do it.
If we don’t,
don’t.
The real problem is
income inequality.
NOT DIE,
suffer,
go bankrupt, or
be unemployed.
If the resources are available to purchase then it is not inflationary to purchase them.
Period.
Our federal representatives would rather be legally bribed into millionaire-dom by billionaires, than help their constituents, no matter how desperate they are.
just
so
happen
to be owned by the same billionaires that bribe our representatives.
**private debt**
for our everyday survival. Including:
Bank loans,
credit cards,
car loans,
home loans,
payday loans,
DEBT
because we have terrible healthcare, and
DEBT
because we have no healthcare at all.
NOT DIE,
suffer,
go bankrupt, or
be unemployed.
Find out how to do it morally, efficiently, & without inflation. Then
do it.
Now. As urgently as we can.
We don’t need “taxpayer money" to do it.
To #LearnMMT, start here.
When you have questions, please ask. Me and many others are here to help.