Strypey (strypey@mastodon.nzoss.nz)'s status on Thursday, 21-Sep-2023 18:12:54 JST

@thatguyoverthere
Hands-off neoliberal monetary policy goes hand-in-hand with 'handbag economics'. Where governments are always expected to run budget surpluses, even when the real economy is growing and it would make more sense to issue new money, by running deficits. If you can't run deficits, the only way to give tax cuts is by cutting spending. Always, for some reason, on public infrastructure and social services, not the military budget, for example.

@melanie @gemlog @MMRnmd @anniemo71