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Can We Still Afford Social Security and Medicare? Breaking it down with MMT economist Scott Fullwiler — Stephanie Kelton

Summary:
What follows is a series of tweets from MMT economist Scott Fullwiler. Scott is no longer on Twitter, but he sent me an archive of this thread so that I could share it with all of you. If you read it carefully, you’ll notice a sharp departure from the usual focus on Trust Fund balances and financial shortfalls. I wish everyone involved in covering these debates and crafting legislation would take the time to think through what Scott says below. It would lead to a much more productive debate.…The LensCan We Still Afford Social Security and Medicare? Breaking it down with MMT economist Scott Fullwiler.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

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What follows is a series of tweets from MMT economist Scott Fullwiler. Scott is no longer on Twitter, but he sent me an archive of this thread so that I could share it with all of you. If you read it carefully, you’ll notice a sharp departure from the usual focus on Trust Fund balances and financial shortfalls. I wish everyone involved in covering these debates and crafting legislation would take the time to think through what Scott says below. It would lead to a much more productive debate.…
The Lens
Can We Still Afford Social Security and Medicare? Breaking it down with MMT economist Scott Fullwiler.
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
Scott T. Fullwiler | Assistant Professor of Economics, University of Missouri - Kansas City
https://stephaniekelton.substack.com/p/can-we-still-afford-social-security
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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