Democratic fiscal plans

The democrats in the past have put themselves in a disadvantageous position when it comes to fiscal policy. They always want to increase benefits but find themselves in the position of finding ways to pay so they propose to increase taxes. This gives them two battles to fight, first to pass the benefits and second to pass tax increases. Republicans on the other hand fight only one battle and they just propose to lower taxes. Using the ideas of modern monetary theory (MMT) the democrats have discovered a way to fight only one battle. They propose benefits but no longer have to pay. They can just have the government issue the currency needed to pay. MMT says to focus on the goal and forget about the debt and here is how it is justified. federal government___________________ non government (private) issues (spends) $100__________________ receives $100 taxes $90___________________________ spends $90 has $10 deficit _______________________ has $10 surplus The headline in the paper changes from government deficits sky rocket to private surplus skyrockets.