Dick Cheney was right: deficits don’t matter. If only Democrats would learn.… Attempting to balance a commitment to deficit reduction alongside a theoretical responsibility to protect and expand public programs, Democrats end up imposing false limitations on themselves and neutering their own supposed political agenda. One wonders if the party, increasingly reliant on an elite capitalist donor class, is actually using deficit reduction to weasel out of the responsibility to make life...
Read More »DownWithTyranny! — The Smartest Economist In America Explains What Deficits Really Mean
Who is the smartest economist in America? None other than — Stephanie Kelton. DownWithTyranny!The Smartest Economist In America Explains What Deficits Really Mean
Read More »Mike Kimel — The National Debt Disappeared
I commented there. Angry BearThe National Debt DisappearedMike Kimel
Read More »Barry Ritholtz — Born-Again Fiscal Hawks Turn Into Doves
Funny how some folks stop caring about federal deficits after an election.… This sort of behavior is intellectually dishonest, hypocritical, economically counterproductive and, at times, even dangerous. It has been going on for too long.... But Ronald Reagan (and you thought I was referring to Barack Obama) ignored the critics. His deficit spending and tax cuts helped stimulate the economy and led to an economic recovery that lasted for the better part of a decade. 1 This is further...
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