by When I first wrote on MNE's, I put out a glowing article on MMT, but I added some Jungian psychology, Buddhisn, and new age mysticism - all leading to a brave new world! I was full of enthusiasm, but I got called a windbag. Well, I did get carried away a bit as I was new to MMT and I simply adored it, because all of a sudden I saw we could afford to have a social democracy after all.But just listen to this guy, he is as enthusiastic as me - but without the Jungian psychology. [embedded content] The government is very excited about “returning to budget surplus”. But what does it actually mean? Because so far, chasing surpluses has gutted our schools and hospitals. It's stopped us from acting on climate catastrophe. It's condemned folks doing it tough to starve. Why? Because the
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But just listen to this guy, he is as enthusiastic as me - but without the Jungian psychology.
The government is very excited about “returning to budget surplus”. But what does it actually mean? Because so far, chasing surpluses has gutted our schools and hospitals. It's stopped us from acting on climate catastrophe. It's condemned folks doing it tough to starve. Why? Because the government's surplus is our deficit. Our obsession with balancing a budget is killing us. And it's all totally, tragically unnecessary. Here's why.