Friday, May 3, 2019
Not the Onion
US SR182 | 2019-2020 | 116th Congress
US Congress Senate Resolution 182
US State Legislature page for SR182
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Spectrum: Partisan Bill (Republican 5-0)
Status: Introduced on May 1 2019 - 25% progression
Action: 2019-05-01 - Referred to the Committee on Banking, Housing, and Urban Affairs. (text: CR S2576)
Pending: Senate Banking, Housing, And Urban Affairs Committee
Summary
A resolution recognizing the duty of the Senate to condemn Modern Monetary Theory and recognizing Modern Monetary Theory would lead to higher deficits and higher inflation.
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2 comments:
Wow. 4 Senators for this. Somebody should tell them it was May Day, not April Fool's Day.
The Congress is trying to defend its title as the world's nuttiest legislature.
What will they do next, round up accountants for witchcraft?
But this kind of thing is the strongest recognition yet of the power and threat of MMT. The US right wing usually indicates the path to follow better than the left does.
The owner class is scared to death, they know they done fucked up and they don't want to deal with that.
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