TRS: Normalizing Austerity as Social Murder

Guns kill... wars kill... austerity kills more than both. Why do all the coolios only focus on guns and war and not austerity? We believe all materials used in this video fall under Fair Use as defined in Section 107 of the Copyright Act of 1976. What is Modern Monetary Theory? Modern Monetary Theory is the correct understanding of Macroeconomics. It proves the following: 1) Taxes don't fund government spending and 2) Deficit spending is good most of the time. Simple Economics Facts: Government deficit = Private sector surplus Government debt = private sector savings The constraint on government spending is the availability of real assets/resources in an economy, not the federal budget! To learn more about Modern Monetary Theory, check out our podcasts! https://www.macroncheese.com Please help our Real Progressives efforts and become a monthly donor! At PayPal https://paypal.me/RealProgress At Patreon https://www.patreon.com/realprogressives RealProgressives.org https://realprogressives.org/donate/ Check our website: https://action.realprogressives.org Macro N Cheese Podcasts: https://realprogressives.org/macro-n-cheese-podcast/ Follow us on Facebook! https://www.facebook.com/RPinAction Follow us on YouTube: https://www.youtube.com/c/realprogressives Follow us on Periscope: https://www.periscope.tv/RP_In_Action/ Follow us on Twitter: https://Twitter.com/RP_In_Action Follow us on Instagram: https://www.instagram.com/rpinaction Follow us on Twitch: https://www.twitch.tv/realprogressinaction #MMT #MMTARMY #RealProgressInAction