epistemic closure

[kaysixteen]

So educate me.   Tell me what I am clueless about, and give evidence, both of my guilt, and of why my views are in error.

And as to inflation, suppose you tell me what the GOP, if it retakes Congressional power, plans to do about it.

[Anon1787]

So educate me.   Tell me what I am clueless about, and give evidence, both of my guilt, and of why my views are in error.

And as to inflation, suppose you tell me what the GOP, if it retakes Congressional power, plans to do about it.

I already did. We have conducted a quasi-experiment of MMT by pursuing ridiculously expansionary fiscal and monetary policies over the past 2 years that has bamboozled people into thinking that their incomes have increased when in fact the resulting unexpected inflation has wiped out the gains: "We find that a majority of employed workers' real (inflation-adjusted) wages have failed to keep up with inflation in the past year. For these workers, the median decline in real wages is a little more than 8.5 percent. Taken together, these outcomes appear to be the most severe faced by employed workers over the past 25 years."
https://www.dallasfed.org/research/economics/2022/1004
https://fred.stlouisfed.org/series/LES1252881600Q (real median earnings in Q2 2020 skyrocketed but are now back to the level of Q4 2019)

Particularly if the fiscal theory of the price level has merit, a divided government to put on a brake on this fiscal madness is sorely needed.

[mahagonny]

If I'm not mistaken, the previous post is a technical explanation for what the voters know, money doesn't grow on trees, and it has sustained value as long as you can't just print more of it and throw the new paper into the system. So much for the public, rather than the elites, being dumb.