MMT again

But the cuts would not be enough to balance the budget in that timeframe. The OMB said the budget was designed to balance by 2034, exceeding the traditional 10-year period that previous administrations targeted.

Here government is insuring time.


Here is what makes an MMTer:

• Automatic CPI adjustments to entitlements
• Generational defaults
• One president pushing their bills to the next president
• Having a currency banker that guarantees against government losses, except  during default.
• Tax carbon to subsidize inefficient government transportation systems.
• Tax carbon to make pension payments
• Give pension funds managers the right to over rule elected officials.
• Having one purchaser of drugs and calling it competition.
• Build inefficient public transport with debt, then call it green.
• Currency banker that only lends to federal government
• Government accounting is not cash flow but cyclic per regime change