Thread - theintercept.com/2018/09/04/nan…

@RepBarbaraLee @AdyBarkan @NancyPelosi @TeamPelosi @RepMarciaFudge @SenSanders @BernieSanders @CedricRichmond @Ocasio2018 @DNCWomen @DNC @TulsiPress @TulsiGabbard @StephanieKelton @SRuhle @MMFlint #LearnMMT #MMT #FightForUS 1. I'm sorry... but we are at a critical point where we can no longer tolerate folks willfully ignoring the economics any longer. Stakes are just too damn high.
This Green New Deal we all want? It is LITERALLY only possible with MMT. Period. #PAYGO is a self inflicted gun shot

*A Picture's Worth a Thousand Words*
The US had recessions in both the early and late 2000s...when we had government surpluses or drastically reduced government deficits, which (of course) correspond with private sector deficit. And look where things stand as of 2015. 1of 4 Federal deficit reduction amounts to decreases in private sector savings as a simple matter of accounting. And you can't sustain an economy that way. The economy will go into a downturn.
2 of 4

It would be a shocking scandal if it came to light that the professions of medical science had, for decades, known about an easy to treat, underlying cause of cancer—but conspired to obfuscate and suppress the information to protect their participation in a medical industry raking in hundreds of billions a year to treat the disease. Professional standings, tenures, licenses would be in tatters. Lawsuits would abound. Outrage would march on every city hospital and medical college in the nation—would it not?