MMT

It appears that neither political party is concerned about government spending and this has opened the door to what economist call Modern Monetary Theory, (MMT). The first goal in this idea is that everyone should have a job with a living wage. Since business tries to keep wages low this applies to government jobs. This can be accomplished because the government can print money and cannot be forced into bankruptcy. The believers say that since we finance wars this way we can finance social programs in the same way. Fear of inflation has always put the brakes on excessive debt but most young congress people have not experienced inflation.