An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Saturday, August 7, 2021
Cruz on infrastructure
Nothing has changed…. Cue the Prospector:
This mammoth infrastructure bill is not paid for.
It’s money we’re borrowing from China and debt that we are gifting to the next generation.
Prospector: “Sooner or later the party has to end! Then somebody has to pay the bill!” “It’s hawperinflation! hawper!” “The punch bowl is overflowin’ I tell ya!”
Prospector: “Sooner or later the party has to end! Then somebody has to pay the bill!” “It’s hawperinflation! hawper!” “The punch bowl is overflowin’ I tell ya!”
ReplyDeleteSend him Stephanie's book.
ReplyDeleteThey’re never going to give it up it is too powerful a political tool…
ReplyDeleteThe party not in power uses it to hammer the party in power every time… and all the libertarians eat it up…
They’re never going to give it up because It obviously works…
GOP has this Dem infrastructure thing hammered down to 500b over 10 years….
ReplyDelete50b per year big deal… 1b per year per state…
2022 midterms will be a slaughter...
ReplyDeleteWhich came first the chicken or the egg is now which came first the idiocy or the voter!
ReplyDeleteOr alternatively as a Republican Party politician I don't give a shit if I have to sell my granny into slavery to win power!
ReplyDeleteOh yeah Democrats don’t do the same thing…
ReplyDeleteHas any Democrat thrown his wife under the Bus the way Cruz did?
DeleteAlso, Cruz is doing Trump's bidding in tring to kill the infrastructure bill.
The non incumbent party tries to trash the economy for the incumbents… Democrats did it last year now GOP doing it back to Democrats…
ReplyDeleteWorking parents getting monthly deposits for each kid on their tax return will know which party to vote for. Money talks, BS walks.
ReplyDeleteDems will convince granny that she's going to heaven, before shipping her off to the glue factory.
ReplyDelete