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What Rand Paul Republicans & Libertarians Are Missing About Balanced Budgets

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First published at 03:59 UTC on March 22nd, 2018.

#economics
#publicfinance
#mmt

EconomicsJunkie

economicsjunkie

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Libertarians & many people in Congress tend to view government budgets like household budgets, which is fundamentally flawed and results in some pretty bad recommendations.

Here are the sources as promised:

https://www.zerohedge.com/news/2017-…

Libertarians & many people in Congress tend to view government budgets like household budgets, which is fundamentally flawed and results in some pretty bad recommendations.

Here are the sources as promised:

https://www.zerohedge.com/news/2017-01-05/rand-paul-goes-republican-party-over-new-budget-resolution

https://www.economicsjunkie.com/empiricism-shatters-barter-theory-money/

https://www.economicsjunkie.com/government-budget-surpluses-can-cause-economic-depressions/

LESS