Professor Stephanie Kelton - The Deficit Myth

[FAH1223]

 

[FAH1223]

 

[FAH1223]

 

[FAH1223]

 

[JDH]

 

[AnonymityX1000]

Ice Cube knows the deal.

 

[mastermind]

Ice Cube becoming MMT and an antisemite is one of my favorite Coronavirus storylines

 

[King Kreole]

The Movement continues, can't stop won't stop

 

[Armchair Militant]

Interesting read so far.

She mentioned how both parties twist themselves into knots trying to find a tax for a program unless it’s for military spending and for rethugs, it’s tax cuts.

I wonder if progressive presidential candidates will ever openly embrace MMT. Unless I’m mistaken, Bernie tried to propose a tax for damn near everything he was proposing. I guess he made the calculation that it was the best political decision. If I had to guess, I don’t think Warren believes in this concept.

I’m still skeptical, but I look at the federal government in a different way now.

 

[King Kreole]

Interesting read so far.

She mentioned how both parties twist themselves into knots trying to find a tax for a program unless it’s for military spending and for rethugs, it’s tax cuts.

I wonder if progressive presidential candidates will ever openly embrace MMT. Unless I’m mistaken, Bernie tried to propose a tax for damn near everything he was proposing. I guess he made the calculation that it was the best political decision. If I had to guess, I don’t think Warren believes in this concept.

I’m still skeptical, but I look at the federal government in a different way now.

Kelton was an economic advisor for the Sanders campaign, but I didn't see any notable imprint of MMT in his policies, as you mention he was deploying the "pay for everything we propose" rhetoric. Seen no evidence of Warren subscribing to MMT either. I guess neither of them was fearmongering about the deficit, so that's something. It's still a pretty radical observation that requires a lot of deprogramming for people to get on board with. The right has spent decades mainstreaming the idea that the government operates its budget as a household does. I think the theory is being picked up by younger generations of progressives like AOC and Omar though.

 

[OfTheCross]

I'm copping her book.

Terrific talk

Just got the book. I'll check back

 

[DEAD7]

Just give every individual a billi annually

 

[AnonymityX1000]

Just give every individual a billi annually

We'll settle for universal healthcare. lol

 

[DEAD7]

We'll settle for universal healthcare. lol

Then what? the movement doesnt end there does it?

 

[EndDomination]

Then what? the movement doesnt end there does it?

Progress never stops, universal education, massive jobs program to stimulate "growth" through a federal infrastructure program, plus WW2-level public housing development tied to growth in public spaces
Make it all Green too