Trump just unconsciously exposed the misnomer/lie of the “national debt”. How? By suggesting the “savings” DOGE is creating could be a dividend distributed to everyone. So how does eliminating an indebtedness magically become money you can distribute????????? Because the “debt” is actually a payment to the private sector…exactly as MMT says.
Now conversely, if you utilized the same equal debits and credits to create and distribute GIFTED money to the individual in the most universal, that is in a macro-economic way, like at retail sale and point of loan signing,…you could end inflation while potentially doubling the demand for every enterprise’s goods and services…and you could even float eco/energy and infrastructure bonds at 6% with a sliding scale policy of gifted money “tax” which of course is really just a free investment because such an investment is really still a GIFT…and mentally turn the tables on the double speaking myth-making pols, mouth pieces and over weeningly powerful banks who wield the current monopolistic monetary paradigm of Debt ONLY.
LOOK AT IT.
Steve “Call Me Copernicus” Hummel