View source for Seven Deadly Innocent Frauds of Economic Policy

[[Category:Uncategorized]]
[[Category:Warren Mosler|Mosler, Warren]] <!-- you can have any number of categories -->
{{URL | url = http://moslerforsenate.com/wp-content/uploads/2010/06/7DIF.pdf}} <!-- exactly one of these -->
{{DES | des = The frauds are:
# The government must raise funds through taxation or borrowing in order to spend. In other words, government spending is limited by its ability to tax or borrow. 
# With government deficits, we are leaving our debt burden to our children.
# Government budget deficits take away savings. 
# Social Security is broken. 
# The trade deficit is an unsustainable imbalance that takes away jobs and output. 
# We need savings to provide the funds for investment. 
# It’s a bad thing that higher deficits today mean higher taxes tomorrow.}}