I never said it was good policy. Clinton was the last president to make it a thing, and by the time Obama came into office MMT was taking precedence. Bush either didn’t care or shrewdly covered his use of MMT with PR about fiscal conservatism. Now days I hardly ever hear about balancing the budget, fiscal conservatism is also being reduced to hate. They’re just weaponizing it against the poor instead of people who aren’t CIS het. god fearing, white men.
I never said it was good policy. Clinton was the last president to make it a thing, and by the time Obama came into office MMT was taking precedence. Bush either didn’t care or shrewdly covered his use of MMT with PR about fiscal conservatism. Now days I hardly ever hear about balancing the budget, fiscal conservatism is also being reduced to hate. They’re just weaponizing it against the poor instead of people who aren’t CIS het. god fearing, white men.