Difference between revisions of "Seven Deadly Innocent Frauds of Economic Policy"

From Critiques Of Libertarianism
Jump to: navigation, search
Line 1: Line 1:
 
[[Category:Warren Mosler|Mosler, Warren]] <!-- you can have any number of categories -->
 
[[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 -->
 
{{URL | url = http://moslerforsenate.com/wp-content/uploads/2010/06/7DIF.pdf}} <!-- exactly one of these -->
{{DES | des = *Description to be used when the category is listed by Template:List.*}}
+
{{DES | des =  
  
#. 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.
+
# 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.
+
# With government deficits, we are leaving our debt burden to our children.
#. Government budget deficits take away savings.  
+
# Government budget deficits take away savings.  
#. Social Security is broken.  
+
# Social Security is broken.  
#. The trade deficit is an unsustainable imbalance that takes away jobs and output.  
+
# The trade deficit is an unsustainable imbalance that takes away jobs and output.  
#. We need savings to provide the funds for investment.  
+
# We need savings to provide the funds for investment.  
#. It’s a bad thing that higher deficits today mean higher taxes tomorrow.
+
# It’s a bad thing that higher deficits today mean higher taxes tomorrow.
 +
*Description to be used when the category is listed by Template:List.*}}

Revision as of 00:19, 15 November 2010