tag:blogger.com,1999:blog-3611639517962742486.post1335999409052520950..comments2024-03-25T15:31:12.151-07:00Comments on We Live In A Political World: #41 / Modern Monetary TheoryGary A. Pattonhttp://www.blogger.com/profile/15049925834933920507noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3611639517962742486.post-70410910586814595772019-02-10T16:39:27.666-08:002019-02-10T16:39:27.666-08:00It's the vast difference between spending and ...It's the vast difference between spending and investment. Tax cuts for the wealthy and corporations has generally failed to be investment, as it doesn't benefit the population at large. it's spending. Compare that use of capital with universal health care or quality education which raises all boats in a society, including the wealthy and corporations, and the intelligent choice is clear. It was maddening in 2009 to listen to Pres. Obama continue to try to sell a public buy in with the word, "spending", when the use of the funding would target "investment" I wanted to send him a George Lakoff book or two.Lloydhttps://www.blogger.com/profile/16855703350909327193noreply@blogger.comtag:blogger.com,1999:blog-3611639517962742486.post-36832196087959082802019-02-10T11:54:04.058-08:002019-02-10T11:54:04.058-08:00Right on, Gary.Right on, Gary.JDhttps://www.blogger.com/profile/16364295666246464521noreply@blogger.com