@cabineconomics.bsky.social
Reposted
Reposted
Thursday's blog post (26/06) is now posted (16:22 EAST) - Australia - the inflation spike was transitory but central bankers hiked rates with only partial information - billmitchell.org/blog/?p=62641 #MMT
Australia – the inflation spike was transitory but central bankers hiked rates with only partial information – William Mitchell – Modern Monetary Theory
billmitchell.org
June 26, 2025 at 6:23 AM
Thursday's blog post (26/06) is now posted (16:22 EAST) - Australia - the inflation spike was transitory but central bankers hiked rates with only partial information - billmitchell.org/blog/?p=62641 #MMT
Reposted
Live by the deficit sword, die by the deficit sword. Extending the regressive 2017 tax cuts far preferable to regressive tax cuts + regressive spending cuts + regressive tariffs to offset the budgetary effects of the tax cuts.
“I’ve never seen anything that simultaneously really goes after poor people and then really helps rich people."
www.nytimes.com/interactive/...
www.nytimes.com/interactive/...
Trump’s Big Bill Would Be More Regressive Than Any Major Law in Decades
Estimates from the Congressional Budget Office, released Thursday, offer a detailed view into the effects on income groups.
www.nytimes.com
June 13, 2025 at 12:53 AM
Live by the deficit sword, die by the deficit sword. Extending the regressive 2017 tax cuts far preferable to regressive tax cuts + regressive spending cuts + regressive tariffs to offset the budgetary effects of the tax cuts.
Reposted
An important intervention from the always brilliant @astra.bsky.social
newrepublic.com/article/1970...
newrepublic.com/article/1970...
The Republican Plot to Un-Educate America
Trump’s “big, beautiful bill” is an extinction-level event for higher education that would annihilate the country’s intellectual potential.
newrepublic.com
June 23, 2025 at 2:00 PM
An important intervention from the always brilliant @astra.bsky.social
newrepublic.com/article/1970...
newrepublic.com/article/1970...
Reposted
Having ethics and a sense of public duty is good, actually
June 25, 2025 at 2:59 AM
Having ethics and a sense of public duty is good, actually
Reposted
I trust the well traveled man before I trust the flag draped American.
June 24, 2025 at 2:42 AM
I trust the well traveled man before I trust the flag draped American.