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To: csmusaret

I went to the website where this article was posted. It’s full of MMTers (Modern Monetary Theorists). This “movement”, if you will, is almost cult-like in its devotion. They think that government debt/deficits have no significant, negative consequences. Therefore, they should be used with impunity to stimulate the economy.


16 posted on 01/01/2013 6:18:34 PM PST by Bishop_Malachi (Liberal Socialism - A philosophy which advocates spreading a low standard of living equally.)
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To: Bishop_Malachi

If debt is so good I wonder how we are in such bad shape with a debt as big ours.


21 posted on 01/01/2013 7:44:25 PM PST by csmusaret (I will give Obama credit for one thing- he is living proof that familiarity breeds contempt.)
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