It just amuses me to imagine politicians being held accountable for their accounting. One can dream.
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You can read any number of papers from the MMT economists she cites as the basis for her budgetary claims
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Ryan had an actual plan (slash taxes and slash spending harder) but then he only did phase one of it because NOBODY EVER ACTUALLY CUTS SPENDING
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She’s just saying shit many of us already knew and yet becomes pearl clutching sacrilege for orthodox econ twitter
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Bernie did this and it seemed to help him garner support on his campaign quite a bit. However, it’s worth pointing out that this locks politicians in a unfeasibly tight box, especially for congresspeople, because budget reforms depend on so many people to get through
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It’s plenty risky for a presidential candidate to make such specific promises, but the risk goes up when there are 534 other people trying to compromise with & fight you on every point. There are many ways to skin a cat- I just need to know a cat’s being skinned instead of a dog
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Why do you assume that they even have an excel spreadsheet to back up their claims??:-D
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Your whole Twitter account is a fraud where does one put that in an Excel spreadsheet?https://twitter.com/primalpoly/status/931190986595799040 …
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That’s what the CBO does.
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Sort of. But the CBO does not consolidate Treasury and Fed spread sheets, like the Fed itself does. So, CBO treats Treasury as just another currency user rather than currency issuer.
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