by Summary:
There is a rational middle between Zero deficits on one side and Modern Monetary Theorists on the other. We can fix our infrastructure, extend broadband to everyone throughout the country, even work to moderate climate change — and the economy will be just fine.At the very least, can we at least raise the bar for the always-wrongs? Those who have been consistently wrong about the dangers of deficits for so long should no longer get the benefit of the doubt. When your core philosophy or a key belief of your ideology is proven wrong — and you refuse to admit error or change — then it is time for everyone else to call out your Bullshit....The Big PictureTime to Stop Believing Deficit BullshitBarry Ritholtz
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There is a rational middle between Zero deficits on one side and Modern Monetary Theorists on the other. We can fix our infrastructure, extend broadband to everyone throughout the country, even work to moderate climate change — and the economy will be just fine.At the very least, can we at least raise the bar for the always-wrongs? Those who have been consistently wrong about the dangers of deficits for so long should no longer get the benefit of the doubt. When your core philosophy or a key belief of your ideology is proven wrong — and you refuse to admit error or change — then it is time for everyone else to call out your Bullshit....The Big PictureTime to Stop Believing Deficit BullshitBarry Ritholtz
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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There is a rational middle between Zero deficits on one side and Modern Monetary Theorists on the other. We can fix our infrastructure, extend broadband to everyone throughout the country, even work to moderate climate change — and the economy will be just fine.At the very least, can we at least raise the bar for the always-wrongs? Those who have been consistently wrong about the dangers of deficits for so long should no longer get the benefit of the doubt. When your core philosophy or a key belief of your ideology is proven wrong — and you refuse to admit error or change — then it is time for everyone else to call out your Bullshit....