Debunking the Deficit Hysteria with Stephanie Kelton

0 Ratings
0
Episode
59 of 400
Duration
56min
Language
English
Format
Category
Non-fiction

Should you be worried about the federal deficit? While campaigning, President Trump followed in the footsteps of his conservative predecessors by fear-mongering about the ballooning deficit but when he got to the White House that concern seemed to disappear when it came to his tax cuts for the rich and increased government spending. In fact, there’s a pattern to the Republicans’ selective concern about increasing the deficit, and it all depends on who holds the power. When you look at the behavior of people in politics, they don’t really care about the national debt as much as they like to talk about it. So what does their bad faith use of the deficit tell us about how important that number actually is? Stephanie Kelton is here to break it all down - the national deficit, the nature of money itself, federal spending, and why it’s time to stop comparing it to a household budget.

Email us at WITHpod@gmail.com

Tweet using #WITHpod

Read more at nbcnews.com/whyisthishappening


Listen and read

Step into an infinite world of stories

  • Read and listen as much as you want
  • Over 1 million titles
  • Exclusive titles + Storytel Originals
  • 14 days free trial, then €9.99/month
  • Easy to cancel anytime
Try for free
Details page - Device banner - 894x1036

Other podcasts you might like ...