Real Progress In Action | TRS: The End of the Student Debt Pause is Nigh @RealProgressInAction | Uploaded September 2023 | Updated October 2024, 19 hours ago.
October 1 the lambs will be slaughtered... student debt payments will recommence. No reason for it to... but alas... no solidarity exists to push back.

#StudentDebt #Neoliberalism #Austerity #Biden #WorkingClass #LearnMMT

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What is Modern Monetary Theory?
Modern Monetary Theory is the correct understanding of Macroeconomics.
It proves the following:
1) Taxes don't fund government spending and
2) Deficit spending is good most of the time.

Simple Economics Facts:
Government deficit = Private sector surplus
Government debt = private sector savings
The constraint on government spending is the availability of real assets/resources in an economy, not the federal budget!

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