Better than unlimited taxes (not semi-satire).
Best: DISMANTLE THE $3+ TRILLION UNCONSTITUTIONAL PORTION OF GOVERNMENT.
Modern monetary theory (MMT) is a heterodox macroeconomic supposition that asserts that monetarily sovereign countries (such as the U.S., U.K., Japan, and Canada) which spend, tax, and borrow in a fiat currency that they fully control, are not operationally constrained by revenues when it comes to federal government spending.Let the unicorns farting rainbows abound!Put simply, modern monetary theory decrees that such governments do not rely on taxes or borrowing for spending since they can print as much money as they need and are the monopoly issuers of the currency. Since their budgets aren’t like a regular household’s, their policies should not be shaped by fears of a rising national debt
Why not? I think every time this has come up it was eventually raised. Why go through the charade of acting like we actually have a debt limit?