Second, the federal government has the advantage of being able to deficit spend to keep universal healthcare solvent that states don’t. MMT keeps the lights on.

That's actually a valid concern but IMHO it just shows how utterly broken our financial system it is if it relies on money being printed anew continuously, instead of creating functioning tax systems for the state to raise money to feed itself.

[–] PKMKII@hexbear.net 2 points 3 weeks ago

The tax system is broken in the US. However, I don’t think printing money in and of itself is a problem. Rather, it’s shifted the burden from the wealthy to the lower classes, which has a snowball effect of increasing the ultra wealthy’s largesse which increases their political power which they leverage to further decrease their tax burden, rinse and repeat.

So the advantage of upping their tax burden isn’t really about “paying for nice things,” it’s neutering the bourgeoisie.