It lacks a large enough constituency that can understand and support it.
Tim Knowles
12

Well, Bernie might try but he does not have what it takes.

I mentioned Bernie as an example of populist trending in America, but he is actually a self avowed fiscal conservative who believes every cost needs to be paid for with taxation. He just happens to believe, wrongly, that the wealthy can support all of the wish list he advocates for. I know his economic adviser and she is one of the major leaders for the Modern Monetary Theory currently. He knows how the system works and how it can be used to implement many of his proposals without “getting” the money first, but he rejects it out of his dedication to his 60’s activism that is centered around absolute forced equality at the expense of the wealthy that he has never identified with in spite of his stature.

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