Many Americans fear a future Congress will use "modern monetary theory" to justify sharply higher spending and enlarge the national debt. All these supposedly terrible things are already happening even without MMT. Today's Congress has already enlarged the national debt to unsustainable levels.
Many Americans fear a future Congress will use "modern monetary theory" to justify sharply higher spending and enlarge the national debt. All these supposedly terrible things are already happening even without MMT. Today's Congress has already enlarged the national debt to unsustainable levels.
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