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@ Jon Sullivan
2025-02-15 03:14:16
nostr:nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpq9mjt0n7wr33z38jekv9f3an8ge0xf4lyk3f6sy7yezvwuvw94muq38dtk0 That’s an interesting read. I liked her economic deconstruction of the popular narrative that governments can only spend what they tax or borrow and are too poor to help people. It’s clearly a lot more nuanced than that.
“The reality is that every single dollar the federal government spends is a newly created dollar. Taxes don’t pay for government spending.”