Allan Greenspan explains to Paul Ryan that the problem of Social Security is not insolvency but availability of real resources in the future — just like MMT.
(h/t Dan Lynch at MMT DALLAS DEFICIT OWL COMMITTEE on FaceBook)
Sunday, September 9, 2012
Video clip — Greenspan lays the smackdown on Paul Ryan
Allan Greenspan explains to Paul Ryan that the problem of Social Security is not insolvency but availability of real resources in the future — just like MMT.
(h/t Dan Lynch at MMT DALLAS DEFICIT OWL COMMITTEE on FaceBook)
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6 comments:
Is Paul Ryan ever going to accept that his thinking is all wrong?
That was quick, Selise & I only finish putting that together last night.
Where the hell is Greenspan when you need him? Has he been ret-conned out of existence like Bush and Cheney?
The republicans are liars. A bunch of untrustworthy liars.
That is the only possible explanation.
Good find! I have been looking for this for a long time!
Lesson to MMTers: You can be a respected and trusted MMTer in the government as long as you only use Fedspeak.
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