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No. False equivalence. Scott Ludlam can hold his head high, for one.Then you are having a crack at every Federal politician who retires.
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No. False equivalence. Scott Ludlam can hold his head high, for one.Then you are having a crack at every Federal politician who retires.
This thread is to acknowledge the blow in from Belgium's achievements in public life, and the hard work he's done to earn his generous pension. I'll start.
1. Not being able to count to forty five.
Over to you Big Footy.
There’s a lot of salt flowing from perennial losers in this thread. Maybe you’ll win the 2028 election.Bye bye Dr Evil
You've done enough damage
couldnt even list one thing...
Did you want me to talk you through the role of Deputy Treasurer and head of the Department of Finance?
No. False equivalence. Scott Ludlam can hold his head high, for one.
I’m sorry, that is not a good or balanced article. It misrepresents how well accepted MMT is and makes several very questionable claims. That is not to say that I think that analogies to household budgets aren’t equally misleading.And here's a very good calm, methodical demolition of the economic lies that his entire career as a minister was built on advancing.
Read it and bookmark it for reference next time the Coalition come out with their moronic economic theories.
Do the grandchildren really pay the debt? The problem with Scott Morrison's plan for recovery, and MMT - Michael West
The Government's plan for economic recovery is wrong. Michael West investigates Modern Monetary Theory (MMT) and QEwww.michaelwest.com.au
Yes, real integrity, and some very strong opinions on govt cyber-surveillance and the citizens’ right to privacy.I liked Scotty. It's a shame he was not eligible for the Australian parliament.
It may well misrepresent how well MMT is accepted but what are its questionable claims?I’m sorry, that is not a good or balanced article. It misrepresents how well accepted MMT is and makes several very questionable claims. That is not to say that I think that analogies to household budgets aren’t equally misleading.
In general I would be very distrustful of any thinkpiece that presents such an oversimplified and dogmatic position on MMT - whether in favour or against. It’s a really complex topic and a lot of respected economic theorists disagree about it to varying degrees.
That the RBA is currently implementing MMT, for starters.It may well misrepresent how well MMT is accepted but what are its questionable claims?
Replacing one misconception with another is not a good thing, even if it is a misconception you personally prefer.I think if it has put paid once and for all to the all-too-convenient lie that government budgets are the same as household budgets, then it has already done an immense service to the standard of political debate in this country.
Seems pretty clear to me.That the RBA is currently implementing MMT, for starters
Except that you’ve provided precisely zero case that in convincingly demolishing a dangerous misconception, West has replaced it with another.Replacing one misconception with another is not a good thing, even if it is a misconception you personally prefer.
Then you have an imperfect understanding of what MMT is (as distinct from generally expansionary monetary policy).Seems pretty clear to me.
I think you have me confused with someone else. Regardless, I’m not the right person to get into deconstructing the detail of a really complex economic theory.Except that you’ve provided precisely zero case that in convincingly demolishing a dangerous misconception, West has replaced it with another.
(Sorry Caesar, love your posting here and on the Swans board, but it might have been quicker to initially just respond “hmmm, interesting article. Let me think about it.”)
Yes, real integrity, and some very strong opinions on govt cyber-surveillance and the citizens’ right to privacy.
Seems pretty clear to me.
Except that you’ve provided precisely zero case that in convincingly demolishing a dangerous misconception, West has replaced it with another.
(Sorry Caesar, love your posting here and on the Swans board, but it might have been quicker to initially just respond “hmmm, interesting article. Let me think about it.”)
Digs up a 2 week old post to have a pingThere’s a lot of salt flowing from perennial losers in this thread. Maybe you’ll win the 2028 election.
View attachment 908201
QE is a tool, MMT is a policy framework.
Yes, I have confused you with someone else of a similar handle, apologies.Then you have an imperfect understanding of what MMT is (as distinct from generally expansionary monetary policy).
I think you have me confused with someone else. Regardless, I’m not the right person to get into deconstructing the detail of a really complex economic theory.
I’m just warning you that it’s an article that presents the topic in a way that is misleadingly skewed, and I would read a bit more widely if you actually want a good understanding of the topic.
I certainly don’t think you should be going around recommending it to people like it is some kind of definitive summary.
Geez you’re scraping from the bottom of the barrel with this attempt at a troll.Digs up a 2 week old post to have a ping
Fk me imagine being a mattias cormann fanboi
blow in from Belgium's
You trolled ME ya ****en idiot !!!!!!!!!!!!Geez you’re scraping from the bottom of the barrel with this attempt at a troll.
Fanboi
Yes, I have confused you with someone else of a similar handle, apologies.
But you have still signally failed to support your argument that the article is flawed.
Michael West constructs a strong, well-argued case, and your responses have consisted of nothing more than "nah."