Bad people have wanted to cut every single program the government provides except maybe the military, police and prisons.
That said, understanding how economics work and not lie or misrepresent how it works is vital in our efforts to fight back against those forces.
#MMT 1/x
That said, understanding how economics work and not lie or misrepresent how it works is vital in our efforts to fight back against those forces.
#MMT 1/x
Pretending it is possible to raid a spreadsheet (social security trust fund) has been more destructive than the actual purveyors of bullshit ranging from Paul Ryan to Joe Biden and now, the Trump fears...
mikenormaneconomics.blogspot.com/2014/02/hey-de…
mikenormaneconomics.blogspot.com/2014/02/hey-de…
All Federal government spending is new money creation.
All Federal taxation is currency destruction.
said differently, all new federal spending is "printing money".
all federal taxation is unprinting money.
All Federal taxation is currency destruction.
said differently, all new federal spending is "printing money".
all federal taxation is unprinting money.
Until you get that... you will need to be scared of absolutely everything and not be scared or enraged at the things you should be.
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