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View Diary: Food stamps are on the chopping block again as House and Senate farm bill negotiations start (85 comments)

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  •  Exactly, Govt spending = Private sector income (0+ / 0-)

    dollar for dollar.  If you cut Govt spending, someone in the private sector is necessarily going to lose income.  So why do Pols want to cut Govt spending?  Mostly, because they think we can run out of fiat money.

    MMT = Reality

    "The Earth is my country and Science my religion" Christiaan Huygens. Please join our Kos group "Money and Public Purpose". The gold standard ended on August 15, 1971, its time we start acting like it.

    by Auburn Parks on Tue Oct 29, 2013 at 10:23:33 AM PDT

    [ Parent ]

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