Monday, January 30, 2023

The "National Debt" is No One's Fault — Stephanie Kelton

Let's stop the finger-pointing and have an honest conversation. Neither side is responsible for our debt crisis, because there isn't one....

 Substantial post.

The Lens
The "National Debt" is No One's Fault
Stephanie Kelton | Professor of Public Policy and Economics at Stony Brook University, formerly Democrats' chief economist on the staff of the U.S. Senate Budget Committee, and an economic adviser to the 2016 presidential campaign of Senator Bernie Sanders

4 comments:

Matt Franko said...

“ It’s anyone’s guess as to how this ends. But one thing is clear: no one in either party seems to want to have an honest conversation with the American people. ”


This is not a true statement…. It’s figurative language…

https://www.usatoday.com/story/news/politics/2023/01/18/debt-ceiling-republicans-congress-default-economic-catastrophe/11066657002/

“ Shouldn't we have an honest conversation about how to start living within our means, how to make sure we're not spending money that we don't have, before that comes up?" Scalise said. ”

Scalise wants to have an honest conversation..,

So she says “no one wants to have an honest conversation “ meanwhile GOP is on record saying they “want an honest conversation “….

Art degree vs Art degree.., =. nothing gets accomplished…

Peter Pan said...

"Either" implies there is more than one party rule...

Matt Franko said...

There are 2 major parties in the US the Democrats and Republicans …

Just because both are dumb doesn’t mean there is only one party…

They just share this moron characteristic…

Peter Pan said...

There is butt one ruling party with two a** cheeks.