Modern Monetary Theory. From an purely economic perspective, SimulatedLiberalism is right.
Think of taxes as an olympic sized swimming pool, a politician may say they are raising taxes to dump a new bucket of water into the pool, but some guy comes around once a month to drain or fill the pool so it always stays level.
Modern Monetary Theory. From an purely economic perspective, SimulatedLiberalism is right.
Think of taxes as an olympic sized swimming pool, a politician may say they are raising taxes to dump a new bucket of water into the pool, but some guy comes around once a month to drain or fill the pool so it always stays level.