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View Diary: Ezra Klein: Obama isn't running against “multiple-choice" Mitt (20 comments)

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  •  According to the MMT people, tax cuts are one (1+ / 0-)
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    way to get the money flowing through the economy.  The other way is to increase dollar payments to established recipients of transfer payments or spend dollars on goods and services and ignore the deficit for the time being. The MMT people say the tax cuts are the least efficient because, as we've seen, the money at the top doesn't get spent. What Obama is trying to get Willard to do is admit that the object is to pump money into the economy, so he doesn't have to say it.  But, Willard can't because that would conflict with the "stimulus."
    Because Willard won't pronounce his specifics, Obama doesn't have to show his intent re the stimulus.
    There's general agreement that more investment is needed. If Willard could be gotten to commit to forget about the deficit, it would all be so much easier. As it is, it's just the same old story -- Republicans are obstructionists.

    We organize governments to provide benefits and prevent abuse.

    by hannah on Thu Oct 04, 2012 at 12:14:38 PM PDT

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