My thought when I saw the title of this economics piece:
MMT Is Dead. It Must Now Be Buried for Good
MMT stands for Modern Monetary Theory and you’ve likely seen it pushed by Lefties in the last decade, including some commentators here.
It was never as smart as its proponents claimed, being merely an extension of Keynesian economics, except that with MMT the government simply blew created credit into an economy and then used increased tax rates to suck it back out when the economy grew too hot (meaning inflation) – as opposed to the rather mundane world of Keynes where the State simply runs budget deficits and piles up debt during a recession and then runs budget surpluses during economic expansion and uses those to pay down the debt.
New Zealand actually did this from the early 1990’s until recently under a succession of National and Labour governments…
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Utopia, you are standing in it! 
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