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#budgetdeficit — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #budgetdeficit, aggregated by home.social.

  1. RE: mastodon.world/@BillMitchell/1

    Finally an #MMT economist responding to the hysteria about #USdebt (maybe I missed someone else?).

    Oh no! 40 trillion! Do you know how much more that is than 39,999,999,999,999?

    $1USD. (All milestones are arbitrary and ridiculous but make good clickbait.*)

    And all debt hysteria is ridiculous as Bill Mitchell explains at length.

    *Media and those who thrive by being its talking heads are competing for our 👁️ 👁️ … to make profit, not to educate or inform.

    #economics #BudgetDeficit

  2. David Speers on #ABCNewsAustralia this evening continuing the mythology around a ‘balanced’ budget.

    Australia and Australians suffer whenever the federal government prioritises a budget surplus over services and infrastructure needed to maintain a strong and healthy country and population.

    #auspol #mmt #fiatCurrency #election #vote #budget #budgetdeficit

    From: @DrALJONES
    mastodon.social/@DrALJONES/114