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#ukpol

282 posts151 participants13 posts today
Continued thread

2.

Re the debate: "Should the U.S. federal government make reducing the national debt a fiscal priority?"

Today's fed "debt" is entirely different from household debt. Fed "debt" isn't borrowed, so isn't repayable.

The US tried paying down the so-called"debt" seven times in its entire history.

The first 6 times resulted in a depression (first image)

The seventh time (Clinton) resulted in a recession (2nd image)

#mmt #uspol #useconomics #debt&deficit #ukpol #auspol .

A revolution that doesn't know how govt money works? Pls help to spread this info:

An intellectual demolition of Steve Moore, economic mouthpiece for Trump, Musk, & Heritage Foundation:

Debate: "Should the U.S. federal government make reducing the national debt a fiscal priority?"

Steve Moore argues the affirmative case.

Arguing the negative is Stephanie Kelton

Debate starts 30.45 min in:

youtube.com/watch?v=eyDVycbRGp0

#mmt #uspol #debt&deficit #stephaniekelton #useconomics #ukpol #auspol .

2

Allison Pearson using the pushing back of Trans Rights to start talking about 'White Rights' in the NHS now....

Brits keep looking at America and thinking it could never happen here and just because it's not 'guns and bibles' doesn't mean the same playbook is not being used.

The British Empire knows your mind and body better than you, and both don't belong to you..