#budgetdeficit — Public Fediverse posts

RE: https://mastodon.world/@BillMitchell/117163791041876766

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

Harris County leaders plan to end a contract to outsource jail inmates to a private facility in Mississippi later this year, potentially shaving more than $4 million off the county's outsourcing costs.

https://www.houstonpublicmedia.org/articles/news/criminal-justice/2025/08/20/528904/harris-county-expected-to-end-mississippi-outsourcing-contract-this-year-saving-at-least-4-million/

#CriminalJustice #HarrisCounty #Houston #Local #News #BudgetDeficit #HarrisCountyBudget #HarrisCountyDistrictAttorneySOffice #HarrisCountyJail #HoustonJail #JailOutsourcing

Washington State Passes Budget With $9B Tax Hike Targeting Amazon, Microsoft and Other Big Tech Companies

#WaLeg #WaBudget #StateTaxes #TechTax #Amazon #Microsoft #BobFerguson #WashingtonState #USTaxes #BudgetDeficit #CapitalGains #SalesTax #BusinessTax

https://winbuzzer.com/2025/04/29/washington-state-passes-budget-with-9b-tax-hike-targeting-amazon-microsoft-and-other-big-tech-companies-xcxwbn/

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
https://mastodon.social/@DrALJONES/114414533471013531