by This is interesting from the point of view of evolution of MMT criticism.It's not the same old "printing money" argument but a refurbished one that at least attempts to get what MMT says, even though it fails. I think that it is more likely ill-informed rather than intentional caricature.But it does indicate that the opposition is realizing that it has to deal with MMT in a way that appears serious rather than back of the hand, just dismissing as "obvious" nonsense.So I would count this as a sign of progress.RealClearPoliticsMoney From Nothing: Democrats' Socialism for Free Richard Porter, Illinois’ national committeeman to the RNC
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Mike Norman considers the following as important: MMT, MMT criticism, MMT critics
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This is interesting from the point of view of evolution of MMT criticism.
It's not the same old "printing money" argument but a refurbished one that at least attempts to get what MMT says, even though it fails. I think that it is more likely ill-informed rather than intentional caricature.
But it does indicate that the opposition is realizing that it has to deal with MMT in a way that appears serious rather than back of the hand, just dismissing as "obvious" nonsense.
So I would count this as a sign of progress.
RealClearPolitics
Money From Nothing: Democrats' Socialism for Free