MMT would alienate republicans
Wray 21 (Larry, is a professor of Economics at Bard College and Senior Scholar at the Levy Economics Institute. 08-2021 “What Is MMT’s State of Play in Washington?” https://www.levyinstitute.org/pubs/e_pamphlet_2.pdf pg.3)//BH-NB//
Yet there is some evidence that leads to a more optimistic assessment of MMT’s success. In the fall 2019 I was invited by Representative John Yarmuth’s (D, KY-03) office to testify on budget deficits before the House Budget Committee.5 Previous to and after the hearing I was told by the congressman as well as his staff that at least the Democrat side of the committee was genuinely interested in and actively considering the MMT approach to fiscal policy. It turned out that was true on the Democrat side, but the Republican side merely parroted talking points proclaiming that the US federal government ought to balance its books just like any household or firm and that MMT’s prescriptions would lead to rack and ruin.