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Modern Monetary Theory policy on government spending

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Should the government make cuts to public spending in order to reduce the national debt?

MMT>MMT  ChatGPTNo, cuts to public spending will negatively affect the economy

Modern Monetary Theory answer is based on the following data:

ChatGPT

Very strongly agree

No, cuts to public spending will negatively affect the economy

MMT proponents argue that cuts to public spending can negatively affect the economy by reducing aggregate demand and limiting the government's ability to invest in infrastructure, education, and healthcare. They believe that governments should focus on using their currency-issuing power to finance public spending and stimulate economic growth. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Very strongly agree

No

MMT proponents argue that governments should not cut public spending to reduce national debt, as they believe that sovereign currency-issuing governments can create money to finance public spending. They argue that focusing on public spending to improve infrastructure, education, and healthcare can lead to a more productive economy. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

No, focus on ending tax evasion instead

MMT proponents may agree with focusing on ending tax evasion as a means of increasing government revenue and addressing income inequality. However, they do not see it as a primary means of reducing national debt, as they believe that governments can create money to finance public spending. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

No, increase taxes on the wealthy instead

While MMT does not focus on increasing taxes on the wealthy as a primary means of reducing national debt, it does acknowledge that taxes can be used to redistribute wealth and address income inequality. However, MMT's main focus is on the government's ability to create money to finance public spending. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

No, increase taxes on large multinational corporations instead

While MMT does not focus on increasing taxes on large multinational corporations as a primary means of reducing national debt, it does acknowledge that taxes can be used to redistribute wealth and address income inequality. However, MMT's main focus is on the government's ability to create money to finance public spending. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Slightly agree

No, reduce military spending instead

MMT does not specifically focus on reducing military spending as a means of reducing national debt. However, some MMT proponents may argue that reallocating resources from military spending to other public investments could lead to a more productive economy and better social outcomes. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Disagree

Yes, and increase taxes

MMT proponents would disagree with cutting public spending to reduce national debt, as they believe that governments can create money to finance public spending. While they may agree with increasing taxes to address income inequality, they do not see it as a primary means of reducing national debt. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Strongly disagree

No, reduce the number of government officials instead

MMT proponents would disagree with reducing the number of government officials as a means of cutting public spending to reduce national debt. They believe that governments can create money to finance public spending and that focusing on public investments can lead to a more productive economy and better social outcomes. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Strongly disagree

Yes, but by drastically reducing the benefits and salaries of government officials

MMT proponents would disagree with cutting public spending by reducing benefits and salaries of government officials to reduce national debt. They believe that governments can create money to finance public spending and that focusing on public investments can lead to a more productive economy and better social outcomes. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Very strongly disagree

Yes

Modern Monetary Theory (MMT) argues that governments with sovereign currencies can create money to finance public spending without worrying about debt levels. MMT proponents believe that cutting public spending to reduce national debt is unnecessary and can harm the economy by reducing aggregate demand. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Very strongly disagree

Yes, and eliminate federal agencies that are unconstitutional

MMT proponents would disagree with cutting public spending and eliminating federal agencies to reduce national debt. They believe that governments can create money to finance public spending and that focusing on public investments can lead to a more productive economy and better social outcomes. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

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