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MMT for Progressives Profile
MMT for Progressives

@MMTLabour

2,980
Followers
786
Following
2,105
Media
61,554
Statuses

Economics as if facts mattered. The sun doesn't orbit the earth, the earth isn't flat, taxes & borrowing don't fund gov spending. Reposts≠endorsements

Joined February 2020
Don't wanna be here? Send us removal request.
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@MMTLabour
MMT for Progressives
3 years
The genius that is Stephanie Kelton 👇
@StephanieKelton
Stephanie Kelton
3 years
Thank GOD the private sector is saving enough to supply the federal government with enough money to support the private sector in this moment of crisis. 🙃
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@MMTLabour
MMT for Progressives
2 years
Voting for Jeremy Corbyn would have given you four extra bank holidays, a 5% pay rise and publicly owned broadband, energy, rail, water and transport systems...and you didn't want that because...?
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@MMTLabour
MMT for Progressives
1 year
@BeckettUnite Every penny of that $3bn is now either in the hands of his employees, contractors & their employees, local suppliers, caterers and other businesses or heading to the tax authorities. What's the actual issue here, Howard?
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@MMTLabour
MMT for Progressives
1 year
Why am I now regularly seeing tweets by Kelvin McKenzie, Sophie Corcoran and Darren Grimes in my t/l when I follow none of them? Why is Twitter boosting right wing bigots? All since Musk took over.
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@MMTLabour
MMT for Progressives
2 years
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@MMTLabour
MMT for Progressives
1 year
This MP promised to end lucrative second jobs for politicians, thus protecting them from any accusations of bribery and corruption whilst simultaneously protecting democracy for our nation.
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@MMTLabour
MMT for Progressives
2 years
Remember when Starmer, Nandy, Streeting, Reeves, Lammy, Ashworth, Peston, Jones, Cohen, Hodge, Phillips, Watson, Mandelson and Akehurst all stood up and defended Jeremy Corbyn against untrue smears? Nope, me neither.
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@MMTLabour
MMT for Progressives
3 years
@guyverhofstadt Fun fact: the EU is not a nation or a continent. It's a neoliberal trading bloc and economic project designed to impose political control over formerly independent nation states.
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@MMTLabour
MMT for Progressives
2 years
@joshrogin @PostOpinions A law must be passed that in the event of military hostilities all politicians, journalists and columnists will be immediately drafted along with eligible members of their immediate family. That should restore some sanity.
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@MMTLabour
MMT for Progressives
9 months
Result in Uxbridge & South Ruislip was a Tory collapse, not a Labour surge. Labour did better in 2019 (when it was "virtually extinct") Labour votes 2023: 13,470 - Starmer 2019: 18,141 - Corbyn 2017: 18,682 - Corbyn 2015: 11,816 - Miliband
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@MMTLabour
MMT for Progressives
10 months
@SpriterTeam Similar to my idea of an inter-galactic sports stadium stationed on Beta Antares IV
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@MMTLabour
MMT for Progressives
3 months
If the cretin, @RachelReevesMP thinks the govt's credit card is "maxed out" - can someone ask her what the credit limit is, what currency it's in and who issues the limit?
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@MMTLabour
MMT for Progressives
1 year
@Spriter99880 Translation into Sane: "The US is ready to cut off its main supplier of manufactured goods before it has built up its own capacity to match the potential in lost output. The US is ready for hyperinflation and social disruption for no material gain."
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@MMTLabour
MMT for Progressives
1 year
I now have a visceral hatred of the Labour Party, in addition to the Tory and LibDem Parties. The UK is finished.
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@MMTLabour
MMT for Progressives
2 years
@f_zlim @asIiceofhistory So tough they would die at 17 from emphysema.
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@MMTLabour
MMT for Progressives
2 years
@CatalunyaKZ @asIiceofhistory I doubt people are judging the father, rather than the raw in tooth & nail capitalism that created this kind of human hellscape.
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@MMTLabour
MMT for Progressives
11 months
@BTnewsroom The "Russia problem".... echoes of the "Jewish problem". If it thinks like a Nazi, talks like a Nazi and acts like a Nazi, it's probably a Nazi. NATO has been subsumed into a Nazi philosophy, possibly down to all the Nazis the West absorbed after WWll.
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@MMTLabour
MMT for Progressives
2 years
@Femi_Sorry You deliberately misrepresented what Eddie Dempsey said. We all heard his speech and witnessed your response. When presented with an opportunity to retract, you doubled down.
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@MMTLabour
MMT for Progressives
1 year
The entire foundational framework of a society that accepts these people as better than others purely by accident of birth is simply laughable. It should be consigned to the same dustbin as witchcraft, voodoo and alchemy.
@BernieGillespi9
Bernie Gillespie
1 year
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@MMTLabour
MMT for Progressives
2 years
@Red_Orthodox @richimedhurst Putin is not a madman. He's way smarter than our imbecile neoliberal leaders. We have underestimated the Russians and Chinese for years... this kind of sums up our analysis:
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@MMTLabour
MMT for Progressives
7 months
Hey @JewishChron @BoardofDeputies @margarethodge @JewishLabour What's your opinion of Canada's Parliament literally cheering a Waffen SS officer? You've been very quiet on this .
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@MMTLabour
MMT for Progressives
2 years
I find it amusing that centrists seem to think they're not Tories.
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@MMTLabour
MMT for Progressives
2 years
Starmerites, you really need to make up your minds - do you want socialists to vote Labour or not? If you do then offer us some socialist policies. If not, then stop calling us Tory enablers and stop worrying about our rejection of your neoliberal narratives. Cheers #StarmerOut
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@MMTLabour
MMT for Progressives
10 months
@WestminsterWAG Did you ever stand up for Jeremy Corbyn who had people smear him, accost him, & camped on his front garden for five years, despite him not having inflicted poverty, humiliation, degradation and death on anyone? Did you?
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@MMTLabour
MMT for Progressives
1 year
The only scam I've fallen for in my life was paying subscriptions to a political party who used my money to scupper their own election campaigns. Guess which party that was.
@UKLabour
The Labour Party
1 year
Fed up of scam calls? Labour will take tough action to prevent them 👇
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@MMTLabour
MMT for Progressives
1 year
@KayBurley @GrahamSmith_ You seem incapable of interviewing anyone you disagree with without engaging in childish over-talking, incessant interruptions and appallingly argued nonsense. To quote Dawn Butler MP in her demolition of you, "What is wrong with you?"
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@MMTLabour
MMT for Progressives
2 years
This is Biden's America. He's submitted a defence bill that will issue $800bn to buy weapons destined for neo Nazis in Ukraine. Meanwhile in Philadelphia 👇
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@MMTLabour
MMT for Progressives
1 year
Thatcher's entire experiment is collapsing around us. Crises, failures, collapse, bankruptcies...wherever you look: housing, health, energy, transport, education, water, care homes, youth services, mental health, legal & policing.. nothing is safe from her vandalism.
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@MMTLabour
MMT for Progressives
2 years
@Peston @meadwaj It was clear to me that a vote to leave the EU would destroy Cameron and split the Tory party in two. What I didn't appreciate was the depths to which the Labour Party would sink in order to destroy its own elected leader at the time. We could have had a socialist govt.
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@MMTLabour
MMT for Progressives
2 months
Absolutely no point in voting Labour.
@jrc1921
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2 months
Labour's Darren Jones states that his party is committed to austerity as the Tories 'have spent all the money and maxed out the country's credit card'
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@MMTLabour
MMT for Progressives
1 year
@ClarkeMicah You were a former Trotskyist who joined the Conservative Party... so was the Conservative Party a Trotskyist organisation!?? This seems to be your logic.
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@MMTLabour
MMT for Progressives
1 year
@adamlangleben @jeremycorbyn And if 100% of what someone says or does shows zero racism or antisemitism but you refuse to even think about the possibility that they are right & look deeply inside yourself, then you definitely have a problem. You're defending Israel, mate - that's the truth of it all.
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@MMTLabour
MMT for Progressives
2 years
@jmkorhonen You seem to have left out this bit.
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@MMTLabour
MMT for Progressives
2 years
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@MMTLabour
MMT for Progressives
2 years
@IsabelOakeshott Er... the Daily Mail was the main Nazi-supporting newspaper - the very kind of fascists who are exposed by Niemöller's poem. You are a disgrace.
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@MMTLabour
MMT for Progressives
2 years
@SkySports None because I've had to cancel SkySports to pay my energy bill.
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@MMTLabour
MMT for Progressives
2 years
@MikeGapes You joined a scare campaign that specifically targeted Jewish voters. You told Jews they weren't safe. You told them Labour was out to get them. You spread lies and rumours in order to terrorise them to the point where some were thinking of leaving the UK. That is antisemitism.
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@MMTLabour
MMT for Progressives
1 year
Labour is promising to freeze your heating bills at their current record highs, even though wholesale gas prices are plummeting. Vote Labour, stay poor. @UKLabour @Ed_Miliband
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@MMTLabour
MMT for Progressives
1 year
@MartinSLewis @Baddiel I know a man who saw antisemitism up front in London when Margaret Hodge wanted to sell off a Jewish Cemetary to property developers. He stood up for the Jews in his area many times. He stood up for Jews like you and me. How should we thank this man? His name is Jeremy Corbyn.
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@MMTLabour
MMT for Progressives
2 years
@GirlyswotFbpe Students didn't have any debt before Blair and a million Iraqis might still be alive.
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@MMTLabour
MMT for Progressives
2 years
@ImReadinHere The big mistake was Russia being too quiet about NATO expansion at the time - although I understand it's v likely back channel discussions were held - but Yeltsin was never taken that seriously by the US. The real policy mistakes (as Mearsheimer says) were made by Nato expansion.
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@MMTLabour
MMT for Progressives
2 years
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@MMTLabour
MMT for Progressives
10 months
@ukraine_map We were told the following were all 'game changers': HIMARS JAVELINS STORM SHADOWS PATRIOTS LEOPARDS CHALLENGERS Now it's cluster munitions.
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@MMTLabour
MMT for Progressives
2 years
@BBCNews That's your response to the largest leak of documents in British political history? You're beyond redemption.
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@MMTLabour
MMT for Progressives
3 years
@jrc1921 "There's no magic money tree"...unless you want a Royal yacht, £37bn for a useless test & trace system, billions in private contracts for your mates & an upgraded nuclear deterrent. It's time Labour understood how monetary mechanics work for sovereign governments. @kimleadbeater
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@MMTLabour
MMT for Progressives
7 months
Her face is a fucking picture! It's about time the left found some balls on this entire Ukraine fiasco. Where's the UK Labour Party? The Greens? Honestly @ClareDalyMEP and @wallacemick are the only other two politicians I've heard question this insanity.
@battleforeurope
Thomas Fazi
7 months
Belgian left-wing MEP to Ursula von der Leyen: “100 millions Europeans are at risk of poverty and you’re giving away billions to arms manufacturers”.
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@MMTLabour
MMT for Progressives
2 years
@timfarron Unity!!! In a country where less than 1% of the population control the lives, incomes & destinies of the other 99% . You can't pretend the country is united with such iniquities. To propagate such rubbish is simply trying to gaslight us.
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@MMTLabour
MMT for Progressives
2 years
@Mikah_Avi @Kev_____l No - you were told they were good people.
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@MMTLabour
MMT for Progressives
5 months
How come Starmer didn't mention his admiration for Margaret Thatcher while he was campaigning for the Labour leadership? 🤔
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@MMTLabour
MMT for Progressives
2 years
Can the left please get on board with taxing the rich for reasons other than "We need their money or we can't build a hospital." Taxes do not pay for spending. We can argue for taxing the rich because we need to address gargantuan inequality, market power & political influence.
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@MMTLabour
MMT for Progressives
2 years
@TweetForTheMany He's totally out of his depth and being outflanked on the left by of all people the "broadband communism" BBC. Truly there's never been a bigger shyster in charge of the Labour Party.
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@MMTLabour
MMT for Progressives
2 years
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@MMTLabour
MMT for Progressives
2 years
What we are being subjected to hour after hour should be a fitting reminder that Orwell wrote 1984 after his experience working for the BBC, not North Korea. Big Brother Corporation is telling you what to think, how to mourn, what is acceptable and what isn't.
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@MMTLabour
MMT for Progressives
1 year
Why can't the super rich just sit back and enjoy their incredible lifestyle without interfering in our lives? Why must they lobby and strategise, plan and plot? Just let us get on with having a decent health service, well paid jobs and the odd holiday. Leave us to live a life.
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@MMTLabour
MMT for Progressives
1 year
Conservatives are so concerned with govt deficit spending because apparently it leaves our kids with a 'huge debt burden' (it doesn't)... while simultaneously arguing in favour of student debt (which does). Their hypocrisy is gargantuan. #MMT
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@MMTLabour
MMT for Progressives
2 years
@BeckettUnite Please show us your emergency tax demand to cover your share of this unexpected and 'uncosted' funeral. Strangely, I haven't received one yet. Where on earth must the money be coming from!!??? 🤦‍♀️ Here's a clue: It's NOT taxpayers. #LearnMMT
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@MMTLabour
MMT for Progressives
5 months
Why do "tough choices" in politics always result in a choice being made that's favourable to the rich?
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@MMTLabour
MMT for Progressives
2 years
The Shakespearean tragedy about #MMT is that the right-wing know about it, use it for their wars and robberies, but declare it to be nonsense, while the left wing reject it because it doesn't represent 'fiscal credibility' in the eyes of the right-wing zeitgeist.
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@MMTLabour
MMT for Progressives
2 years
Anyone moaning about high energy bills who campaigned to stop Jeremy Corbyn becoming PM, can sit & freeze for all I care. You brought this on us & our kids. You deserve everything you get. And let's be honest, if another socialist stood up now - you'd smear them too.
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@MMTLabour
MMT for Progressives
3 years
The govt has no supply of money in the same way you have no supply of emails. The govt is short of money in the same way you are short of emails. Also the govt has an infinite capacity to spend ££ in the same way you have an infinite capacity to send emails. Sunak is lying to you
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@MMTLabour
MMT for Progressives
2 years
@AndyBurnhamGM By refusing to reverse any existing NHS privatisation, Starmer has effectively just given the Tories the green light to complete the entire process. Our wonderful #NHS has just had its death warrant signed by the Labour Party. I hope those who voted for him are happy. #StarmerOut
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@MMTLabour
MMT for Progressives
1 year
@EmmanuelMacron First the international courts have to deal with the backlog of so many similar cases against the US, France & Britain for their actions against Serbia, Afghanistan, Iraq, Libya, Syria & Yemen that Russia (& Ukraine) will just have to wait their turn.
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@MMTLabour
MMT for Progressives
2 years
@davesumnersmith @jeremycorbyn Centrists in 2016: No one takes Corbyn seriously as a politician, let alone Labour leader. Centrists in 2022: Corbyn is so influential despite not even being a Labour MP.
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@MMTLabour
MMT for Progressives
3 years
If we need billionaire's money, then we need billionaires. #MMT says we need neither.
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@MMTLabour
MMT for Progressives
2 years
@MintPressNews He's completely correct of course, which is why they have to shut him up, rather than beat him with the truth in a debate.
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@MMTLabour
MMT for Progressives
3 years
@WARREZ420 @scottsantens @elonmusk @wapodavenport No he doesn't. That's not how govt 'debt' works. Govt debt is the money supply. If you want to reduce it, be prepared to pay more tax or see your infrastructure collapse. It's not a problem, the Treasuries roll over on maturity. Govt debt is our assets.
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@MMTLabour
MMT for Progressives
2 months
I presume her mum didn't issue the national currency from her privately-owned bank, or have the power to tax the entire population! I wonder what else her mum taught her that will have as much use as Chancellor as balancing a household budget? #MMT
@AngusMacTout
Francie Brady
2 months
Honest to God 🤦‍♂️
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@MMTLabour
MMT for Progressives
10 months
@margarethodge Perhaps write 200 false allegations of antisemitism against them - that usually does the trick.
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@MMTLabour
MMT for Progressives
4 years
Capitalists think socialists believe no one should live in a fabulous house. Whereas socialists actually believe everyone should live in a fabulous house.
@ProudSocialist
Power to the People ☭🕊
4 years
Guys, my boyfriend owns a house and took me on a trip to Hawaii so that means I am not a real socialist. The latest smear campaign against me. 🤦‍♂️
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@MMTLabour
MMT for Progressives
2 years
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@MMTLabour
MMT for Progressives
1 year
@Campb37345Maree @christi02455387 ISIS= Israeli Secret Intelligence Service. This was revealed in an episode of After Dark on Channel 4 back in the 1980s IIRC by an Israeli guest.
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@MMTLabour
MMT for Progressives
2 years
@mrjamesob It's easy - just tell them centrists like you preferred them to a decent, honest and caring man.
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@MMTLabour
MMT for Progressives
4 years
@Cardamungus @The_UnSilent_ @ljscII_27 And the white plantation owners were the reason slaves had food. Ridiculous argument. The rich employ the poor to make themselves richer... if it didn't profit them, they'd sack everyone they employ. We don't need the rich to employ soldiers, do we?
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@MMTLabour
MMT for Progressives
2 years
@afneil And the US water supply is undrinkable, so there's that.
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@MMTLabour
MMT for Progressives
1 month
Orthodox economics: 'Whatever we can afford, we can do.' The truth: 'Whatever we can do, we can afford.'
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@MMTLabour
MMT for Progressives
10 months
Let's make it simple... Spending creates new money Taxation deletes old money Now do you get it?
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@MMTLabour
MMT for Progressives
2 years
@stellacreasy You're in danger of initiating a Streisand Effect here. Keep going... the more people who look into this entire business, the better. Maybe you could speak to the BBC, Times or Telegraph to look into this.
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@MMTLabour
MMT for Progressives
2 years
@johnpilger In went the Chicago Boys to give Russia a taste of Pinochet-style economics.
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@MMTLabour
MMT for Progressives
10 months
@KayBurley That would still be less than your salary... and I honestly believe senior doctors are worth more than a tv presenter.
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@MMTLabour
MMT for Progressives
3 months
@lisanandy Do you also stand with the Jewish bloc opposed to genocide, because we haven't seen you with that Jewish community?
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@MMTLabour
MMT for Progressives
4 years
Biden: "Nothing will fundamentally change" Liberals & Conservatives: "Hooray" The poor, homeless, destitute, uninsured, under housed, public ally educated, students: "What about us?"
@ProudSocialist
Power to the People ☭🕊
4 years
My blood pressure goes up when I see how sedated liberals are by your empty platitudes because it means they still haven’t figured out that you are full of shit and the DNC’s new hope to continue their neoliberal corporatist agenda after Biden and Kamala.
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@MMTLabour
MMT for Progressives
11 months
@Keir_Starmer It's not an energy company though, is it? You're creating a publicly funded credit facility for private energy firms. That's using public money to subsidise private energy giants. That's why it's the one promise you'll keep!
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@MMTLabour
MMT for Progressives
2 years
@JamesEFoster Personally I was terrified of free broadband, a properly funded NHS, affordable housing, cheap integrated transport networks, unpolluted rivers and my kids not being in student debt to the tune of 30k.
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@MMTLabour
MMT for Progressives
2 years
@joshrogin @PostOpinions Will you be offering your services on the front line, brave boy?
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@MMTLabour
MMT for Progressives
1 year
@adamlangleben @jeremycorbyn If 90% of Jews think this man isn't racist, then those Jews have a problem.
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@MMTLabour
MMT for Progressives
2 years
@LordIanAustin Some Christmas reading for you...
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@MMTLabour
MMT for Progressives
10 months
@lisanandy So now Labour supports apartheid. Well thanks for clarifying. Your target audience of fanatical Zionists is a minority so small as to be electorally useless - they are also racist bigots. What's your angle?
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@MMTLabour
MMT for Progressives
1 year
Where were the BBC's impartiality police back in 2017?
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@MMTLabour
MMT for Progressives
2 years
Boris Johnson wants us to "endure" huge energy bills to help Neo Nazis in Ukraine. Let that sink in.
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@MMTLabour
MMT for Progressives
2 years
Why are so many people who consider themselves on the Left, still proponents of Thatcherite narratives on govt spending and taxation? Don't they want progress policies? #MMT
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@MMTLabour
MMT for Progressives
1 year
@AnnaRichardso @Baddiel @Channel4 I'm a Jew and this is utter bollocks. You're being played. Good luck.
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@MMTLabour
MMT for Progressives
1 year
@Keir_Starmer I can only assume Labour's social media team are in their 20's and have absolutely no comprehension of the utter revulsion felt in Liverpool from the actions of @Keir_Starmer since becoming leader of the Labour Party. This tweet is totally insulting. #Hillsborough
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@MMTLabour
MMT for Progressives
5 months
@Jonathan_K_Cook I'm also puzzled by one thing. The scenes of Hamas returning to Gaza with the body of a dead Israeli woman on the back of a pick-up truck. Why do that for one dead civilian & not the others? Seems strange as the dead don't make particularly valuable hostages.
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@MMTLabour
MMT for Progressives
1 year
@cathynewman Then why not mention Chris Bryant's expenses or David Lammy's donors? Or Keir Starmer's broken pledges or money from private healthcare investors. It's called corruption and you're ignoring it so you can continue the smears against a thoroughly decent man. Is this what you are?
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@MMTLabour
MMT for Progressives
2 years
@Tedsquare23 Judging by his communication skills, ability to handle ridiculous biased questions and his steadfast commitment to getting his members decent wage rises, I'd argue he's worth more than that.
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@MMTLabour
MMT for Progressives
2 years
The Left really needs to stop asking itself "Where will the money come from?" and instead start asking itself, "Where will the money go?" #MMT answers the first question, politicians need to answer the second.
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@MMTLabour
MMT for Progressives
2 months
Meaningless terms that don't scare us - we get #MMT Fiscal space Fiscal headroom Maxed out credit card Record Debt to GDP Live within our means Tighten the govt's belt Coffers Taxpayers' money Bond vigilantes Our children will have to pay Financial black hole Any more?
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@MMTLabour
MMT for Progressives
2 years
@johnredwood You talk as though privatisation and marketisation of a vital life source for the profits of the rich is nothing to do with this crisis. Your ideology has caused the multiple crises we face as a nation. Own up, apologise and repair it.
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@MMTLabour
MMT for Progressives
1 year
So many otherwise excellent Tweets I feel unable to retweet simply because they contain references to taxpayer this, or taxpayer that. The left needs to #LearnMMT
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@MMTLabour
MMT for Progressives
26 days
You can always tell an economist/commentator that hasn't updated their thinking since we left the Gold Standard... they'll use terms like: Taxpayers' money Government borrowing Fiscal black hole Government credit card Printing money #MMT economists won't use those terms.
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