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Mar 31, 2018 5 tweets 2 min read Twitter logo Read on Twitter
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The US had recessions in both the early and late 2000s...when we had government surpluses or drastically reduced government deficits, which (of course) correspond with private sector deficit. And look where things stand as of 2015. 1of 4
Federal deficit reduction amounts to decreases in private sector savings as a simple matter of accounting. And you can't sustain an economy that way. The economy will go into a downturn.
2 of 4
Stop listening to these deficit reduction cranks. They don't know what they're talking about and they wreck the economy whenever they get their way, Democrat or Republican. Every. Single. Time.
3 of 4
Deficit hawks, to put it bluntly, are DANGEROUS.
We need MORE federal deficits so we the people have MORE savings.
This...is...not...opinion.
Try and grasp this. We don't have time for you to struggle understanding the obvious.
- Jason Bessey
4 of 4
#LearnMMT
... Roll Please, I know you're on vacation, can you roll this when you get a chance. Thank You

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