Difference between revisions of "Seven Deadly Innocent Frauds of Economic Policy"
From Critiques Of Libertarianism
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[[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 --> | ||
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− | # | + | # 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. |
+ | *Description to be used when the category is listed by Template:List.*}} |