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Citizens' Media TV @citizensmediatv
, 13 tweets, 6 min read Read on Twitter
If you REALLY want #MedicareForAll, then stop talking about how we will “pay for“ #MedicareForAll.

#MMT #LearnMMT

citizensmedia.tv/2018/04/12/mmt…
An insightful response to our article on avoiding the “pay-for” trap.

Article: citizensmedia.tv/2018/04/12/mmt…

Comment: nakedcapitalism.com/2018/04/true-a…
And another:

As citizens, we make demands from our reps, it’s their job to deliver on those demands & sort out the details properly.

Me: “I want #MedicareForAll”
Rep: “How RU going to pay for that?”
Me: “Stop making me do your job. You wanna be a leader? LEAD!”

#LearnMMT
From nakedcapitalism.com/2018/04/true-a…
Created by @DUH4Healthcare. Thanks for starting to spread the #MMT word to your 80,000-plus members! Full article: citizensmedia.tv/2018/04/12/mmt…
From nakedcapitalism.com/2018/04/true-a…
Lots of great comments on Naked Capitalism. nakedcapitalism.com/2018/04/true-a…
nakedcapitalism.com/2018/04/true-a…
nakedcapitalism.com/2018/04/true-a…
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More from @citizensmediatv see all

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1/13 This is neoliberalism:

Trump just increased work requirements for food stamps in order to "cut down on abuse within the Supplemental Nutrition Assistance Program (SNAP).” The administration also cites the lowest unemployment rate since 1969. westernjournal.com/trump-admin-wo…
2/ So since almost *EVERYONE* is employed, those still on food stamps are clearly cheating or taking advantage and need a subtle push off the dole and back into employment. Outgoing speaker @SpeakerRyan (color me skeptical about those 6.6M jobs...). From archive.li/SmWA6:
3/ But US unemployment statistics are a rosy unicorn fairly tale that hides decades of wage stagnation, the underemployed, hidden unemployed, and those unhappily unemployed. foreignpolicyjournal.com/2018/03/08/mak…
Read 21 tweets
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An essay that treats the claim “real resources are a constraint on what is otherwise infinite” as #MMT’s secret, reluctantly shared ingredient, when the reality is that it’s a central pillar. As with any unit of measurement, 💰 is indeed infinite. The stuff being measured is not.
The fact that money is infinite to the federal government is incontrovertibly true.

The fact that its use is limited by real resources is also incontrovertibly true.

The genius of #MMT is exactly that it so clearly separates the two concepts. This author strongly disagrees.
Read 12 tweets
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1/ An excellent article by an unbought journalist.

“Of course, another [corporate friendly Dem pres] would save us from more Trump. But it would almost certainly still be death.”
2/ @davidsirota’s only flaw, and it is unfortunately a big one, is that he confidently believes the neoliberal trope that federal programs are funded by “taxpayer money” – a belief that is not just wrong, but insidious, sinister, and directly counter to all things progressive.
3/ “Taxpayer money” is not just “economically inaccurate,” it strongly promotes the corporate friendly presidents your article rails against. “Taxpayer money” guarantees we will never ACTUALLY GET #MedicareForAll, a #GreenNewDeal or a #FederalJobGuarantee.
Read 6 tweets

Related threads

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What is the main insights of #MMT to the activist?

That the nation isn't broke and doesn't require ↗️📈 taxes to pay for programs?

MMT is not political but it exposes fraud, corruption and destructive behaviors easily.
MMT leverages sectoral balances to assess the health of an economy. Those sectors include Public Sector, Private Sector and Rest of World.

MMT shows we are not on a gold standard, petro standard or anything other than a sovereign free floating non-convertible fiat currency.
Not since 1971 when Nixon ended the convertibility to gold via the Bretton Woods Accord.

Congressional spending is the birth of a dollar and federal taxation is the death of a dollar.

We don't just "print money".
Read 13 tweets
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Best ideas to beat Trump?
- 70% want #MedicareForAll
- 60% want tuition free public colleges
- 58% want $15 minimum wage
- 72% want to expand Social Security
- 57% want to break up big banks
- 64% want to legalize marijuana
- 65% want a #JobGuarantee
Let's crush it.
Receipts:
theweek.com/speedreads/803…

reuters.com/investigates/s…

washingtonpost.com/business/2018/…

socialsecurityworks.org/wp-content/upl…

ourfinancialsecurity.org/2018/05/take-w…

cnn.com/2018/04/20/pol…

polling.reuters.com/#!response/TM1…
(cont'd)
- 81% want a #GreenNewDeal
- 67% want a path to citizenship for aspiring Americans
- 65% oppose spending more on defense
- 63% support Roe v. Wade
- 72% want low-cost prescription drugs from Canada
- 92% want Medicare to negotiate for lower drug prices
Let's get it done
Read 6 tweets
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Let's take a look at this Vox piece vox.com/2018/12/13/181…
Not a single Democrat has proposed socialized medicine (i.e. doctors are employees of the government and hospitals owned by the government) for universal health care, so not a single Democrat has proposed "government-run health care." This is basic stuff, @voxdotcom.
A "rallying cry on the left"? 52% of Republicans and 70% of Americans want #MedicareForAll. But, I guess "centrists demand Medicare-for-all" doesn't really fit your narrative.
Read 38 tweets
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Sorry to make my followers freaking angry, but we need to push back on this garbage usatoday.com/story/opinion/… #MedicareForAll
No, @realDonaldTrump, #MedicareForAll doesn't end Medicare for seniors or "take away benefits"! Rather, it *expands* Medicare to everyone -- increasing young and healthy in the insurance pool -- which allows for huge *improvement* and *expansion* of benefits. A better Medicare!
No, you haven't, @realDonaldTrump. Your administration is suing to end pre-existing condition protections. You have also allowed short-term junk "insurance" plans -- with no ACA protections -- to be sold again. These discriminate against the sick, women, and anyone who needs care
Read 13 tweets
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1/ The Constitution, flawed tho it may be, has a lot in it’s favor. Those of us in the #MMT community speak a lot about Article 1, section 8 and the ramifications of it to our current monetary system.
2/ Now, with Kavanaugh being thrust down our throat, it’s time to discuss another section of the constitution; Article 3, section 2. In the second half of the second paragraph, it says:
3/ “...In all the other cases before mentioned, the Supreme Court shall have appellate jurisdiction, both as to law and fact, with such exceptions, and under such regulations as the Congress shall make.”
Read 5 tweets
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The key to understanding money, taxes, unemployment, inflation, and national debt is to start with the following question: how does the government get ahold of the real resources (workers, buildings, cars, computers, fuel, etc.) that it needs to do the job of governing? 1/
There are a number of ways you might imagine, each with pros and cons. For instance, the government could ask for volunteers and donations. This tends not to work very well, for obvious reasons. 2/
Another method would be confiscation: if the government needs a car, it could simply take it from you, at gunpoint. Obviously this would work, but has the distinct disadvantage of being massively unpopular. 3/
Read 21 tweets

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