but this has happened before. i guess, the question now is, how disruptive is this really going to be? and how well is society as a whole, and policy makers, which we already discussed, how well are they thinking about it? tracy, in all of my career as a financial journalist, this is the first such conversation i ve had specific to job losses related to a. i.. i will remember it. i appreciate how much nuance you brought to this conversation. i m sure we are going to discuss this many more times. we appreciate your time, tracy alloway. joining us now, stephanie kelton, 8% for of economics and policy at stonybrook, she s the officer author of the deficit myth, modern monetary, and the birth of the peoples economy. i ve got very specific things i want to talk to you about with respect to the debt limit and all that. i just want to talk about this. you talk about the peoples economy. this is real stuff. technology has upended, for better or for worse, our working lives, for 150 years. it
straight months in a row. in this debate, i refused to put what was responsible for all of this economic progress on a chopping block. i can honestly say to you tonight, that i ve never been more optimistic about america s future. i want to talk about how we should think about all of this. america s astonishing economic resilience, in the wake of the covid pandemic. and how it was not just dumb luck, but smart policies. including a different kind of thinking about spending. that to joe biden has, that donald trump didn t have. stephanie kelton, the officer the author of the the deficit myth, is going to be here to do all of that in just a moment. i m going to go back to what i told you at the top of the show. i m gonna introduce one more element to this conversation. this is the fact that i mentioned at the beginning that you re going to want to remember about this week. the debt limit hostage taking has been staved off for two years, because in a couple of years, our economy is goin
Is Rep Andy Barr committing innocent fraud on debt ceiling? kentucky.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kentucky.com Daily Mail and Mail on Sunday newspapers.
Otmar Issing, FRANKFURT – Many people are now proclaiming that the COVID-19 pandemic has provided proof positive that Modern Monetary Theory (MMT) is the only way forward for governments. To the uninitiated, MMT probably sounds extremely sophisticated – even scientific. Its representatives speak as though they have developed a new economic paradigm comparable to the […]
On Oct. 20, three days after apologizing to the British people for “mistakes” that were made, Conservative Party Leader Liz Truss resigned as prime minister of the United Kingdom.