Summary:
To borrow a phrase from Gertrude Stein, “There is no there there.” The trust funds exist merely as accounting entities. We don’t need them to carry a positive balance—or any balance whatsoever—in order to preserve Social Security for future generations.The LensSave Social Security From its 'Saviors'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 Sandershttps://stephaniekelton.substack.com/p/save-social-security-from-its-saviorsSee alsoLSEBook Review: The Deficit Myth: Modern Monetary Theory and the Birth of the People’s Economy by Stephanie KeltonHans G. Despain, PhD | Professor of Political
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To borrow a phrase from Gertrude Stein, “There is no there there.” The trust funds exist merely as accounting entities. We don’t need them to carry a positive balance—or any balance whatsoever—in order to preserve Social Security for future generations.The LensSave Social Security From its 'Saviors'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 Sandershttps://stephaniekelton.substack.com/p/save-social-security-from-its-saviorsSee alsoLSEBook Review: The Deficit Myth: Modern Monetary Theory and the Birth of the People’s Economy by Stephanie KeltonHans G. Despain, PhD | Professor of Political
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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To borrow a phrase from Gertrude Stein, “There is no there there.” The trust funds exist merely as accounting entities. We don’t need them to carry a positive balance—or any balance whatsoever—in order to preserve Social Security for future generations.The Lens
Save Social Security From its 'Saviors'
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
https://stephaniekelton.substack.com/p/save-social-security-from-its-saviors
LSE
Book Review: The Deficit Myth: Modern Monetary Theory and the Birth of the People’s Economy by Stephanie Kelton
See also
Book Review: The Deficit Myth: Modern Monetary Theory and the Birth of the People’s Economy by Stephanie Kelton
Hans G. Despain, PhD | Professor of Political Economy at Nichols College
https://blogs.lse.ac.uk/lsereviewofbooks/2020/06/22/book-review-the-deficit-myth-modern-monetary-theory-and-the-birth-of-the-peoples-economy-by-stephanie-kelton/