Sunday, March 25, 2018

"Era of Austerity coming to an end..."


More winning!  #MAGA

(Can it get any better???? Really... can it????)






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2 comments:

Noah Way said...

There is never any austerity for the Senator from Wall St.

March 26, 2018 at 9:45 AM
AXEC / E.K-H said...

Note on “Era of Austerity coming to an end...”

Because Public Deficit = Private Profit the one-percenters and their useful academic/journalistic spokespersons should consistently argue FOR deficit spending and the ninety-nine-percenters and their academic/journalistic spokespersons should consistently argue AGAINST it.

Therefore, a self-styled progressive MMT spokesperson who claims that deficit spending benefits the ninety-nine-percenters is either an idiot or a fraudster.

The headline “Schumer Celebrates Omnibus Bill: ‘Era Of Austerity’ Coming ‘To An End’” is true as far as macroeconomic profit is concerned. For details see:

Austerity and the utter scientific ignorance of economists
http://axecorg.blogspot.de/2015/12/austerity-and-utter-scientific.html

MMT: academic snake oil for the people
http://axecorg.blogspot.de/2018/02/mmt-academic-snake-oil-for-people.html

Austerity and the idiocy of political economists
https://axecorg.blogspot.de/2017/03/austerity-and-idiocy-of-political.html

Keynes, Lerner, MMT, Trump and exploding profit
http://axecorg.blogspot.de/2017/12/keynes-lerner-mmt-trump-and-exploding.html

MMT and the promotion of Wall Street socialism
http://axecorg.blogspot.de/2017/11/mmt-and-promotion-of-wall-street.html

Egmont Kakarot-Handtke

March 26, 2018 at 9:51 AM

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