Milton’s economic position s have been so discredited very few serious economists take him seriously.
I can tell you didn’t watch the video OR at least pay attention.
Who says this? You.
It is public money not the Margret Thatcher bullshit! Like I said, this thread is for only those who are willing to challenge their beliefs. I guess the indoctrination is too strong with you.
This line of horseshit again.
Please tell us of your accomplishments, since we are all so indoctrinated.
We are all still waiting.
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You’ll be happy to note that Warren Mosler(the father of MMT) doesn’t think corporations should pay any taxes. But to your dismay he thinks that taxes ought to be raised on those who own the company. But you wouldn’t know this because that would require you to suspend your ego and as a successful business owner, you already know everything.
What is public money?
So why doesn’t he just debate her? Because he doesn’t want his ego deflated.
OMG! People on here, still believe his ideas are taken seriously,. They’ve been debunked.
So what? Most economists are living off the old relic of the gold-standard.
And she doesn’t know what the fuck she is talking about? Good grief!
Did you take the time to understand what the article posits? Why does your response not logically follow from what I shared?
Is your intention to operate in good faith on the debate of MMT?
Thanks for posting the video.
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This would never work.
You obviously don’t know how successful business owners deal with taxes or income. Or is he in favor of taxing unrealized gains and debt?
Again, what are your accomplishments or schooling besides reading drivel on google?
If you were operating in good faith you would have seen and read the detailed blow by blow i posted above. Instead it appears you dont want to engage in any depth but do the typical 10 word battle. I will pass. Enjoy the information I shared if and when you get serious.
From the last article. The core tenet of MMT is that a monetarily sovereign nation, like the United States, can always simply print however much currency it needs to buy whatever goods and services programs require.
No one says this. The block is resources not currency… Misrepresentation, to get a non-sensical point across.
For the second time-
What is public money?
Then why don’t you just email this blow by blow account to Kelton? Are you operating in good faith?
Strange, that is.
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Money that is created by Congress according to the Constitution. It is the people’s money. Not tax money. Margret Thatcher always used to say there is no such thing as public money, only taxpayer money. She was fucking wrong. She, like the vast majority of politicians uses this as an excuse so the public can’t have good things. But bring up a war and this ethos falls by the wayside. Funny, you never hear a pundit ask how war is paid for. The money to kill people and do the bidding of industries just shows up.
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I’m gonna have to collect myself for a few minutes here, cuz that is fucking hilarious.
But at least we can all see the fundamental misunderstanding you have of how our government is funded.
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