And thus that taxes and borrowing are not necessary for Govt spending.
This is a fairly comprehensive list of examples that I've accumulated over time. Other people might like to bookmark some of the links for future reference when boobs tell you that the Govt is running out of money or cant afford full employment:
Daily Kos — Money and Public Purpose
Proof that Our Govt budget is not like a household budget
Auburn Parks
Proof that Our Govt budget is not like a household budget
Auburn Parks
2 comments:
fyi some of the links of Park's piece at daily kos are broken. e.g. youtube links just lead to youtube's home page.
JK-
AHHHH. I don't know why those youtube links aren't working.
Its the infamous 60 min bernanke pelley interview and the congressional hearing where Greenspan lets Paul Ryan know whats up.
https://www.youtube.com/watch?v=DqJF5-nMcI0
https://www.youtube.com/watch?v=odPfHY4ekHA
https://www.youtube.com/watch?v=CvRAqR2pAgw
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