Layla20445 [none/use name]@hexbear.net to Socialism@lemmy.mlEnglish · 4 days agoThe Billionaire’s Bluff: Exposing the Biggest Lie in Politicsinteg.substack.comexternal-linkmessage-square1fedilinkarrow-up111arrow-down11
arrow-up110arrow-down1external-linkThe Billionaire’s Bluff: Exposing the Biggest Lie in Politicsinteg.substack.comLayla20445 [none/use name]@hexbear.net to Socialism@lemmy.mlEnglish · 4 days agomessage-square1fedilink
minus-squaredavel@lemmy.mllinkfedilinkEnglisharrow-up1·4 days ago Hand out tax breaks to the wealthy, creating huge budget deficits Use those deficits as an excuse to slash an already fragile social safety net This is another bluff, which virtually everyone falls for, including progressives, and even leftists. Previously: What if I told you that our federal taxes don’t go toward food stamps at all, and in fact pay for nothing? The United States can always pay any debt it has because we can always print money to do that. — Former Fed. Res. Chair. Alan Greenspan Why The Government Has Infinite Money What Caused Hyperinflation In Weimar, Zimbabwe And Venezuela?
This is another bluff, which virtually everyone falls for, including progressives, and even leftists. Previously: