Such is my understanding.

“”It doesn’t mean those programs don’t have economic and social consequences on which to judge the merits.”"

But that is not part of the MECHANICS of MMT correct? And that they are not prerequisites to the existence of MMT.

“”That question ‘mixes metaphors.’”"

That is a source of great consternation over the last couple of days. ;)
If the mission of this site is to educate people, using clearly delineated terms would help, and that is what I am trying to accomplish.

That question ‘mixes metaphors.’

MMT says govt checks won’t bounce, but they can cause inflation and they do alter distribution.

That means Social Security and JG won’t ‘bankrupt the nation and leave the tab to our grandchildren.’

It doesn’t mean those programs don’t have economic and social consequences on which to judge the merits.

Such as support of our elderly, and providing a transition mechanism to move people from unemployment to private sector employment.

With the real cost being the food the elderly eat, the clothes they wear, etc. and the additional real consumption of the formerly unemployed who enter the transition job along with the benefits of any useful output and beneficial social consequences and reduced negative externalities including crime and family breakups.

“we all agree congress regulates the economy. ”

Thank you. But I think you will agree that topics such as SS and JG are not part of MMT?

we all agree congress regulates the economy.

that doesn’t mean we like it, or agree with how they do it, or how much of it they do or don’t do.

the difference here vs elsewhere is that elsewhere, including Congress and the President and the Fed,
is they think the purposes of federal taxes (and borrowing) is to get dollars to spend.

And because they have it wrong, they are making decisions that are destroying and otherwise modifying our economy in ways
they would not be doing if they instead understood that taxes function to regulate the economy, and not to raise revenues.

That’s all. So please stop with your cheap shots and innuendos about MMT saying this and that.
All it says is that taxes function to regulate aggregate demand, and not to raise revenue per se.
And your job, now that you know this, is to get out there and spread the word.

My $8/hr federally funded job for everyone willing and able to work helps transition people from unemployment to private sector employment.

Social Security is to support people of retirement age at some minimum that keeps them out of garbage cans. Some humans value caring for their elderly, some don’t. you’re entitled to your opinion. then we vote.

What is the difference between unemployment compensation, and Social Security payments that you support?

They both pay people to be unproductive.