Mark Carney’s first budget projects $78B deficit, program and civil service cuts

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www.sootoday.com/local-news/mark-carneys-first-…

The theme seems to be “reduce operating spending, increase capital spending”. We’ll see how that will blow over with the opposition.

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“Taxes fund services” is flat out wrong from a MMT perspective, quite literally it is the most fundamentally wrong thing one could say about it as an economic framework

Are you trolling? It’s that or this is the dumbest thing I’ve read in years.

On the off chance you really don’t understand what you’re talking about, yes, taxes can be used as a disinflationary tool (with a million caveats, hence the silliness of MMT) but they also fund services. Unless, I dunno, you think the 300,000+ federal civil service are actually volunteers or something.

Maybe ask your teacher or parents to help explain? Hell, even an LLM.

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