Matt Erskine @matt72423.bsky.social · 08/09/2026This is neoliberalism in a nutshell. The wealthy think they can dictate what our democratically elected government can and can't do. The problem is that that is exactly what happens. 012
Matt Erskine @matt72423.bsky.social · 23/08/2026In what sort of fucked up system does Britain have to import hens' eggs? In a neoliberal system, that's what. 010
Matt Erskine @matt72423.bsky.social · 13/08/2026Seeing stuff like this drivel makes me angry and exasperated in equal measure, @edconway.bsky.social. You present a feature on the 'state of the government's finances' without, somehow, failing to mention the fundamental and pivotal fact that the UK has a sovereign, fiat currency. Shoddy journalism. 142
Matt Erskine @matt72423.bsky.social · 08/08/2026It might seem a very simplistic question, but why has the US military, sworn to uphold the US Constitution, not taken down the occupant of the White House, who has broken every element of decency, law, morality, humanity, honesty and, yes, the US Constitution. 031
Matt Erskine @matt72423.bsky.social · 08/08/2026Plans for 200 community mental health facilities are a great example of the choices the gov't faces and the fiscal power it holds. I am 100% behind what they want to do. The question is not how they are going to 'pay for' these new services, as... (1/3) 100
Matt Erskine @matt72423.bsky.social · 04/08/2026Trump should scare the he'll out of all Americans. Fixed it for you. 000
Reposted by Matt ErskineTroovus @troovus.bsky.social · 04/08/2026None of this touches the "four decades of neoliberalism and trickle-down economics" that he said he would bring to an end 252
Matt Erskine @matt72423.bsky.social · 04/08/2026Dear FT, you will never 'form a sensible view of fiscal policy' until you grasp how our fiat currency works. Nor will any cycle of mistrust be ended. Government spending is constrained by the availability of real resources, not by the money of which the gov't is the issuer.ft.comHow to end the cycle of mistrust between the Treasury and everybody elseThe lesson from Manchester is that it takes time for public investment policies to show up in GDP 042
Matt Erskine @matt72423.bsky.social · 01/08/2026Well, I never thought that it would be football that would be the first thing to stand up to neoliberalism. Well done, AFC, Concacaf and UEFA. 0393
Matt Erskine @matt72423.bsky.social · 24/07/2026@financialtimes.com, we live in a sovereign, fiat currency regime, in which the government creates money as it spends. It doesn't tax people to pay for stuff. Until you grasp this basic fact, your opinions on government fiscal operations are really not worth the paper on which they're written. 141
Matt Erskine @matt72423.bsky.social · 21/07/2026Chris Mason really needs to learn how government spending works in a sovereign, fiat-currency regime such as we have in Britain.bbc.co.ukNew chancellor John Healey faces tough spending choicesThe appointment of John Healey is particularly fascinating, writes BBC political editor Chris Mason. 151
Matt Erskine @matt72423.bsky.social · 20/07/2026If the Earth were flat, cats would have pushed everything off the edge of it. QED. 010
Matt Erskine @matt72423.bsky.social · 19/07/2026A simple question for Burnham, which I know won't be posed to him by our 'fearless' press. What are you going to do about the stranglehold over our democracy by Zionism and corporations? 051
Matt Erskine @matt72423.bsky.social · 18/07/2026Is this one of the 'core Labour values' that is going to have us scrambling to rejoin the party? Jesus wept.bbc.co.ukBurnham to announce plans for new North Sea oil and gas drillingDrilling has become a controversial topic for the Labour party after the 2024 manifesto pledged to not issue new licences. 142
Matt Erskine @matt72423.bsky.social · 17/07/2026And all completely unnecessary, because we look at government spending arse-first. 010
Matt Erskine @matt72423.bsky.social · 16/07/2026A striking example to me is when folks refer to the likes of Burnham as 'northern'. Liverpool and Manchester are barely in the North of England and nowhere near the North of Britain. 220
Matt Erskine @matt72423.bsky.social · 15/07/2026The fact that Ed Miliband is seen by some as a 'leftie' shows how far-right the Labour Party has become. 1640369
Matt Erskine @matt72423.bsky.social · 14/07/2026So 'The City' is dictating what our democratically elected government can and cannot do? Pretty much sums Neoliberalism up, doesn't it? And most people think it has to be this way. 041
Matt Erskine @matt72423.bsky.social · 13/07/2026Not one of his best-known films, but please watch 'The Dish'. 030
Matt Erskine @matt72423.bsky.social · 13/07/2026Until the very moment that the last fossil fuel plant shuts down, the FF companies will be insisting renewables are unaffordable. 041
Matt Erskine @matt72423.bsky.social · 12/07/2026And don't forget the need for trees in those pedestrianised streets. 🙂 150
Reposted by Matt ErskineBladeoftheSun @bladeofthes.bsky.social · 10/07/2026The problem if you can't admit there is Genocide in Gaza is quite simple. It means you can ignore the largest problems because someone is telling you to. Which means you will do exactly what they tell you about everything else as well. It isn't 'just' Palestine. 29892311
Reposted by Matt ErskineMMTAction @mmt-action.bsky.social · 11/07/2026Britain's forests shrink. Rivers fail. Housing leaks. Every time, they say "we can't afford it." Wrong question. A currency issuer is never constrained by money. The real constraint is trees, materials, labour, skills. Fix those and the funding follows. #MMT #Economicsmmtaction.comEnvironmentThe funding objection is the biggest obstacle to climate action 122
Matt Erskine @matt72423.bsky.social · 11/07/2026I love that last sentence: 'We're measuring phantom constraints instead of real ones'. Sums it up beautifully. 010
Matt Erskine @matt72423.bsky.social · 10/07/2026So, presumably, this constitutes a criminal investigation, which Frogface will face whether on not he remains an MP? 010
Matt Erskine @matt72423.bsky.social · 10/07/2026For fuck's sake. An active genocide, ethnic cleansing, and war crimes, and the response is to 'do better'. 010
Matt Erskine @matt72423.bsky.social · 10/07/2026Richard Tice bigging up Reform's longstanding links to (and large amounts of cash from) an aristocratic family whilst claiming that they are anti-establishment, and all without a scintilla of self-awareness, is quite mind-blowing. 2254
Matt Erskine @matt72423.bsky.social · 10/07/2026This isn't a 'significant' shift at all. Until Burnham, like all the others, grows a backbone, a conscience, the honesty, and the integrity to call out genocide and ethnic cleansing, these are merely weasel words. Simons wouldn't have stood down in Makerfield to make way for a decent human being.theguardian.comAndy Burnham apologises for Labour’s stance on Gaza and says it ‘didn’t get it right’Exclusive: PM-in-waiting says party must ‘do better’ in approach to Middle East and he will put more pressure on Israel 030
Matt Erskine @matt72423.bsky.social · 09/07/2026Healey and Callaghan followed the fallacious, neoliberal concensus, which was gaining traction at the time. 120
Matt Erskine @matt72423.bsky.social · 09/07/2026I'm all for Irish Unity, but please don't take seriously the economic gibberish of the 'mainstream' economic narrative. Britain has its own sovereign, fiat currency and can't 'run out of' GB£. It needs no bailouts, loans or intervention of the IMF or anyone else. 021
Matt Erskine @matt72423.bsky.social · 09/07/2026You blame Farage? Farage is a poison, a chancer, a criminal who should be nowhere near public life, but it is the Labour government doing this. The spineless, cowardly, clueless, heartless Labour government desperately trying to chase the votes of racists and xenophobes. 1141
Matt Erskine @matt72423.bsky.social · 07/07/2026Amazing how many posts I've seen recently to the effect of: 'You know what, I think Trump might just be a wrong'un'. 010
Matt Erskine @matt72423.bsky.social · 07/07/2026Interesting. Did Josh Simons have to go through this process when he stood down in Makerfield? 020
Matt Erskine @matt72423.bsky.social · 07/07/2026I was under the impression that the PS investigation would go on whether he be re-elected or not. Happy to be corrected if I'm wrong. 110
Matt Erskine @matt72423.bsky.social · 06/07/2026I absolutely agree that we need to tax the super-rich, but the purpose of that is to help curtail their disproportionate power over us. Taxes don't 'fund' anything, because gov't spends money into existence. It's only later that gov't taxes some of that 'new' money out of circulation. 130
Matt Erskine @matt72423.bsky.social · 05/07/2026Let's stop this 'witch-hunt' against Farage. Just ban him from public life for being a twat and be done with it. Sorted. 4809
Matt Erskine @matt72423.bsky.social · 05/07/2026Has Farage or, for that matter, any other grifter, had any action taken against him for financial rule-breaking? 363
Matt Erskine @matt72423.bsky.social · 05/07/2026The idea that rules weren't broken is absurd, but even if that weren't the case, taking bungs from a convicted fraudster is corrupt enough. 141
Matt Erskine @matt72423.bsky.social · 05/07/2026Jeez. Nearly 2 in 5 Americans approve of Trump?? That is one very sick nation. 020
Matt Erskine @matt72423.bsky.social · 02/07/2026'Economic growth' is a Holy Grail that we are told we must endlessly seek before anything can be done about the state of the world. In reality, economic growth is the endless hoarding of power and resources by the few. It is the opposite of what we need. Let's seek an economy that actually works. 043
Matt Erskine @matt72423.bsky.social · 30/06/2026When running for party leader, it was demanded of Corbyn that he commit to publicly support any action taken by the government of Israel. He refused. I have no doubt that the same demand has been made of Burnham. Would any journalist care to enquire whether this is the case?aje.newsWill Andy Burnham mark a shift in the UK’s Gaza policy?The Labour Party has the chance to review its policy on Israel, but observers say it will opt for continuity. 150
Matt Erskine @matt72423.bsky.social · 25/06/2026How can Burnham have appointed a 'Chief of Staff' when he's only a constituency MP? 130
Matt Erskine @matt72423.bsky.social · 25/06/2026And you and I know, @zackpolanski.bsky.social, that the government creates money as it spends. It is never, ever in a 'no money' situation. Theoretically, it could be in 'no real resources to buy' situation, but the money isn't an issue unless it adopts fallacious fiscal rules. 174