by Summary:
I asked Kelton whether she believes Donald Trump has changed the terms of economic debate. “Absolutely. When he passed the .9trn tax cuts in 2018, which everybody knew were going to increase the deficit, I saw Senator Sanders, and he said to me, ‘Is this you? Did you do this?’ And I replied, ‘It’s a good thing. It’s a good thing in that it’s going to show you can make use of the budget when you have power to carry out your agenda.’”...Credit where credit is due. Of course, DJT had a compliant legislature, whereas when Democrats occupy the White House, congressional Republicans become fiscal conservatives.New Statesman (UK)MMT economist Stephanie Kelton: “Donald Trump changed the terms of economic debate”George Eaton
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
I asked Kelton whether she believes Donald Trump has changed the terms of economic debate. “Absolutely. When he passed the .9trn tax cuts in 2018, which everybody knew were going to increase the deficit, I saw Senator Sanders, and he said to me, ‘Is this you? Did you do this?’ And I replied, ‘It’s a good thing. It’s a good thing in that it’s going to show you can make use of the budget when you have power to carry out your agenda.’”...Credit where credit is due. Of course, DJT had a compliant legislature, whereas when Democrats occupy the White House, congressional Republicans become fiscal conservatives.New Statesman (UK)MMT economist Stephanie Kelton: “Donald Trump changed the terms of economic debate”George Eaton
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Mike Norman writes Trade deficit
Mike Norman writes Bond market now pricing in one 25 bps rate cut by Fed in 2025
New Economics Foundation writes What are we getting wrong about tax
Sandwichman writes The more this contradiction develops…
I asked Kelton whether she believes Donald Trump has changed the terms of economic debate. “Absolutely. When he passed the $1.9trn tax cuts in 2018, which everybody knew were going to increase the deficit, I saw Senator Sanders, and he said to me, ‘Is this you? Did you do this?’ And I replied, ‘It’s a good thing. It’s a good thing in that it’s going to show you can make use of the budget when you have power to carry out your agenda.’”...Credit where credit is due.
Of course, DJT had a compliant legislature, whereas when Democrats occupy the White House, congressional Republicans become fiscal conservatives.
New Statesman (UK)
MMT economist Stephanie Kelton: “Donald Trump changed the terms of economic debate”
George Eaton