Hmm. I disagree with them on the final choice for the bonds. I agree with their analysis that choosing to borrow the money from capitalists is fucking stupid, and is an absolutely unnecessary giveaway. However, I do think it is a little idealistic in the current context—where MMT is so far from the thinking and practice of like 99.999% of politicians and government institutions that it might as well not exist—to insist they not be used. In the short-term we’re basically not going to get anything at all if we put a hard line on no new bonds. I DO go so far on sates taxes, which are SOOOOO fucking regressive.
Hmm. I disagree with them on the final choice for the bonds. I agree with their analysis that choosing to borrow the money from capitalists is fucking stupid, and is an absolutely unnecessary giveaway. However, I do think it is a little idealistic in the current context—where MMT is so far from the thinking and practice of like 99.999% of politicians and government institutions that it might as well not exist—to insist they not be used. In the short-term we’re basically not going to get anything at all if we put a hard line on no new bonds. I DO go so far on sates taxes, which are SOOOOO fucking regressive.