I agree with this, but also the “muh tax dollars” talking point is full of flaws. We haven’t even balanced the budget in almost thirty years. The government is debt spending. It’s not even “your money” (whatever that would mean because greenbacks are literally state property printed by the state) because “your money” doesn’t cover diddly squat.
They’re printing fresh currency, and handing out bank transfers to the people at the top of the economy everyday because “your money” was handed out twice already.
Let the kids eat for free on the fucking government tab, just like you let Israel genocide for free on the government tab.
The federal government has achieved fiscal balance (even surpluses) in just seven periods since 1776, bringing in enough revenue to cover all of its spending during 1817-21, 1823-36, 1852-57, 1867-73, 1880-93, 1920-30 and 1998-2001. We have also experienced six depressions. They began in 1819, 1837, 1857, 1873, 1893 and 1929.
I agree with this, but also the “muh tax dollars” talking point is full of flaws. We haven’t even balanced the budget in almost thirty years. The government is debt spending. It’s not even “your money” (whatever that would mean because greenbacks are literally state property printed by the state) because “your money” doesn’t cover diddly squat.
They’re printing fresh currency, and handing out bank transfers to the people at the top of the economy everyday because “your money” was handed out twice already.
Let the kids eat for free on the fucking government tab, just like you let Israel genocide for free on the government tab.
Not exactly.
Kelton: Balanced budget? Huge mistake
Finding The Money
I’m not calling for a balanced budget. I’m saying “muh tax dollars” is a shit argument.
No large economy has a balanced budget.
Except Germany for some years. Which led to us now having an infrastructure debt of 400 billion.