Where does all the "redirected" taxpayer money go and why is capitalism so bad at allocating it?
Where does all the "redirected" taxpayer money go?
My usual push-back on the federal “taxpayer money” framing.
Edit to add for the MMT skeptics, previously:
MMT is just a description of how fiat monetary sovereignty works. It’s not prescriptive, and it’s not comprehensive. For instance, it says nothing about international trade / international balance of payments / currency exchange.
Liberals, being liberals, take this description, expand it in liberal ways, add liberal prescriptions, and then call that mess—which can’t work—MMT as well.