Freeze the minimum wage to get young people into work? That treats unemployment as a price problem. It's a demand problem.

A Job Guarantee at a living wage offers every young person paid work and anchors prices. Nobody has to be poorer first.

#MMT #UKGreenParty #Economics #UKPolitics #UKEconomics

Though taxing wealth is needed to tackle inequality the government doesn't spend any of the tax it collects. All government spending is newly created money and it can always create as much as it needs.
#MMT

Thanks for the follow; I gladly returned it and gave this post a like and repost. I'd greatly appreciate a reciprocal repost. #Amwriting #FBR #Science #SecularSkeptic #MMT

Thanks for the follow; I gladly returned it and gave this post a like and repost. I'd greatly appreciate a reciprocal repost. #Amwriting #FBR #Science #SecularSkeptic #MMT

Thanks for the follow; I gladly returned it and gave this post a like and repost. I'd greatly appreciate a reciprocal repost. #Amwriting #FBR #Science #SecularSkeptic #MMT

Thanks for the follow; I gladly returned it and gave this post a like and repost. I'd greatly appreciate a reciprocal repost. #Amwriting #FBR #Science #SecularSkeptic #MMT

Thanks for the follow; I gladly returned it and gave this post a like and repost. I'd greatly appreciate a reciprocal repost. #Amwriting #FBR #Science #SecularSkeptic #MMT

Thanks for the follow; I gladly returned it and gave this post a like and repost. I'd greatly appreciate a reciprocal repost. #Amwriting #FBR #Science #SecularSkeptic #MMT

Thanks for the follow; I gladly returned it and gave this post a like and repost. I'd greatly appreciate a reciprocal repost. #Amwriting #FBR #Science #SecularSkeptic #MMT

Thanks for the follow; I gladly returned it and gave this post a like and repost. I'd greatly appreciate a reciprocal repost. #Amwriting #FBR #Science #SecularSkeptic #MMT

Thanks for the follow; I gladly returned it and gave this post a like and repost. I'd greatly appreciate a reciprocal repost. #Amwriting #FBR #Science #SecularSkeptic #MMT

Thanks for the follow; I gladly returned it and gave this post a like and repost. I'd greatly appreciate a reciprocal repost. #Amwriting #FBR #Science #SecularSkeptic #MMT

Taxing banks to "offset" war costs? Tax doesn't refill a pot. The state spends first, tax destroys money after. The case for a bank levy is curbing windfalls on reserves.

#MMT #UKGreenParty #Economics #UKPolitics #UKEconomics

"Tax raid" makes the Treasury sound like a burglar short of cash. Wrong. Tax doesn't fund spending. It removes money and cools demand. Tax banks for excess profit and market power, not to fill a hole that doesn't exist.

#MMT #UKGreenParty #Economics #UKPolitics #UKEconomics

Siobhan, a fictional care worker on the Isle of Wight, was offered jobs at three care homes straight away. The pay was £9.50 to £10.20 an hour. Training places existed. A skills centre in Ryde sat locked. HM Treasury and DHSC cap council funding below the cost of care.

#MMT #SocialCare #UKEconomy

(5/5) Next time a fiscal rule is cited against a public investment, try this: show the real-resource constraint it addresses. If there is none, the rule is a political choice, and politics can change.

#MMT #economics #EU

(1/5) Try this next time someone says inflation means we must cut public spending: ask which resource is actually short. Energy? Housing? Labour? Name the bottleneck first. Then pick the tool that fits it.

#MMT #economics #EU

Blame Trump or blame Biden, the playbook never changes: energy prices rise, rates go up, jobs go. That is a supply problem, and slack in the labour market won't fix it.

Public capacity and provision will.

#MMT #UKGreenParty #Economics #UKPolitics #USEconomics

Carney is a high priest of neoliberalism. If he isn't stopped, Canadians will have lost all they value most. Airports don't need to be sold off, healthcare doesn't need to be privatized, national daycare doesn't need to be cancelled.

WHY?

Because taxes do not fund the government. @ndp.ca #mmt

If more people, especially left wing politicians, would understand this video and MMT in general, the world would be a very different place. Check out the great weakth of material @richardjmurphy.bsky.social is creating about this very important topic. #MMT