Just a reminder that literally every dollar the treasury disburses is spent into existence.
It is impossible for the federal government to run out of money, just like it’s impossible for a scorekeeper to run out of points.
So when they say they don’t have the money — an impossible situation — what they mean is they don’t want to have the money.
This is the power of the deficit myth. Money that you don’t want to spend has to “come from somewhere”. Yet all of the money you do want to spend never suffers that problem.
Just a reminder that literally every dollar the treasury disburses is spent into existence.
It is impossible for the federal government to run out of money, just like it’s impossible for a scorekeeper to run out of points.
So when they say they don’t have the money — an impossible situation — what they mean is they don’t want to have the money.
This is the power of the deficit myth. Money that you don’t want to spend has to “come from somewhere”. Yet all of the money you do want to spend never suffers that problem.
Best way I’ve ever seen it explained.