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:
Jeremy Smith writes UK workers’ pay over 6 years – just about keeping up with inflation (but one sector does much better…)
Robert Vienneau writes The Emergence of Triple Switching and the Rarity of Reswitching Explained
Lars Pålsson Syll writes Schuldenbremse bye bye
Robert Skidelsky writes Lord Skidelsky to ask His Majesty’s Government what is their policy with regard to the Ukraine war following the new policy of the government of the United States of America.
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