“What You Need To Know About The $22 Trillion National Debt”: The Alternative Interview

Summary:
Steven Rattner’s opinion piece in the New York Times and [Jason] Furman’s interview on National Public Radio are perfect examples of the ideas that MMT wants to debunk:  Deficits are not normal; deficits crowd out private investment; the public debt is a burden on our grandchildren; our ability to respond to societal problems is limited by the fact that the US government does not have enough money to confront them. Below is an alternative interview to the Furman’s interview that reviews these points. This blog will run like a traditional interview and all the evidence for the points made are in appendices at the end... New Economic PerspectivesWhat You Need To Know About The Trillion National Debt”: The Alternative InterviewEric Tymoigne | Associate Professor of Economics at Lewis

Topics:
Mike Norman considers the following as important: critics, Jason Furman, MMT, MMT criticism, Steven Rattner

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