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SecondThought: Why The Government Has Infinite Money (www.youtube.com)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] 15 points 1 year ago (1 children)

I tried to explain this in Gov class last year and the teacher was just like “well, that’s too complicated for everyone to understand, let’s just pretend taxes pay for stuff.”

[–] [email protected] 11 points 1 year ago* (last edited 1 year ago)

You know who drives me up a wall in that regard? Richard Wolff of Democracy at Work. I suspect he actually knows what’s up, but refuses to stop talking about [federal] taxes that way. Maybe he finds it to be rhetorically useful, but I think he’s ~~his~~ underestimating his audience and doing them a deep disservice.