re: Op Ed - Fiscally conservative Republicans told Trump to go pound sand

quote:

---

Its the literal characteristic of MMT.

---

It really isn't. I hate getting in the weeds in such a stupid discussion. Obviously MMT is crap theory, but it advocates neither for or against tax cuts as a general policy. So when you claim tax cuts are "characteristic," you may not fully understand the crap theory you're promoting.

In MMT taxes are a tool to manage inflation, influence demand, and guide economic behavior, rather than a primary source of revenue for government spending. Okay?

Now can we put the dumbass premise of tax cuts being "progressive" to bed?

quote:

---

Keep reading.

quote:
During the 1960s, he became the main advocate opposing Keynesian government policies

---

I have already read Friedman. Studied it. Here is his words:

quote:

---

I was a Fulbright Visiting Professor at Gonville & Caius College, Cambridge University. Because my liberal policy views were “extreme” by any Cambridge standards

Beginning in the early 1960s, I was increasingly drawn into the public arena, serving in 1964 as an economic adviser to Senator Goldwater

---

Goldwater was a very big tariff supporter.


There are a lot of things that sound great on paper. Sounds great when talking about them. When placed into action, results happen. Since the Free Trade Movement put in place by FDR, how much more are we in debt? Since then, how much more influence have we imported from nations that are not our friends?

Things change due to those results.

quote:

---

The Debt Limit provides an inflection point for the discussion around borrowing and spending to happen. By itself, it will never decrease the debt.

---

So the answer is no. Are you say Chip isn't smart enough to know that we are not balancing the budget or reducing spending, increasing spending unless there is a "debt limit"?

quote:

---

65 years ago.

---

The date does not matter. The results matter. The results you claim to want came with a different set up.

You are demanding something from a "theory" that does not help the USA.

quote:

---

There is no mfg to bring back.

---

This is not about mfg! There are other things involved.

quote:

---

What are the values that back your leftism?

---

My values are the same as they have always been. I place no value on the modern GOP who sold the USA out to grow their power and pockets.

I place value in common sense. In results.

I also understand history and how you demand it wasn't true, but... it's history.

quote:

---

My values are the same as they have always been.

---

Then what are they?

quote:

---

Correct. Propping up massive corporations.

Tariffs hurt Small Business.

---

Yes yes... we know your talking points. Yet we have the results. Results of GOP sellouts to line their pockets and grow their power. We have the results of the FDR free trade to end wars. We have the results of 45's and it was the best economy I have lived in.

quote:

---

Yet we have the results.

---

quote:

---

The Federal Reserve Board found that the tariffs caused a reduction in manufacturing employment of 1.4%. Modest gains (0.3%) achieved by shielding domestic producers from foreign competition were “more than offset” by rising production costs for manufacturers who used steel as an input (-1.1%) and retaliatory tariffs (-0.7%).

---

Did Bidens tariffs do any better?

quote:

---

Biden's plan was not and is not Trump's.

---

He expanded Trumps tariffs, why didnt they work?

quote:

---

Yes, it is.

---

You simply don't understand what you're talking about.

Saying, "Yes I do too know what I'm talking about," doesn't change the fact that tax cuts are not "the literal characteristic of MMT."

They just aren't.

Sorry.