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Americans Struggle with Hidden Debt

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Americans Struggle with Hidden Debt

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Americans Struggle with Hidden Debt
Steve Keen
Steve Keen (born 28 March 1953) is an Australian-born, British-based economist and author. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific and empirically unsupported. The major influences on Keen's thinking about economics include John Maynard Keynes, Karl Marx, Hyman Minsky, Piero Sraffa, Augusto Graziani, Joseph Alois Schumpeter, Thorstein Veblen, and François Quesnay.

5 comments

  1. What do you think about this? Responding to the best comments.

  2. He's probably intelligent, but he has difficulty forming sentences.

  3. Lol I’m shocked that people don’t know this 🤦‍♀️ It is glaringly obvious if you live here🤷🏻 The American dream is to get rich by buying lottery tickets!

    I am so tired of hearing about how “poor people act like they are entitled” and they need to pull themselves up from their bootstraps 🙄 ok, first of all… it’s expensive to be poor. And it’s the bougie middle class that acts like they’re entitled to be shielded from poverty 😂

    • “The money was all appropriated for the top in the hopes that it would trickle down to the needy. Mr. Hoover didn’t know that money trickled up. Give it to the people at the bottom and the people at the top will have it before night, anyhow. But it will at least have passed through the poor fellow’s hands.”
      – Will Rogers

      "And Here's How It All Happened". Syndicated column #518. "Will Rogers' Daily Telegrams: The Hoover years, 1931-1933". Book by Steven Gragert, 1982.

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