Seeking “some education” Jared Bernstein recently asked some questions about MMT (Modern Money Theory).This series is my effort at some answers. Part I is about deficit spending. Part II covers […]
Seeking “some education” Jared Bernstein recently asked some questions about MMT (Modern Money Theory).This series is my effort at some answers. Part I is about deficit spending, Part II covers […]
It’s important for Real Progressives to “know thine enemy.” Peter G. Peterson has been an enemy of the social safety net since he first appeared in Washington, DC during the […]
Donald Trump’s cabinet nominees, along with his current allies in Congress, and among lobbyists, suggest that he is likely to break his frequently stated campaign promises that, if elected, he […]
During the presidential campaign, Donald Trump promised to save Social Security and to protect Medicare. But since he made those commitments he seems to have gotten much closer to Paul […]
Keeping in mind that the Federal Government cannot involuntarily “run out of money” because of its constitutional money-creating capacity, then the answer to the question in the title is “of […]
Contemplating the likelihood that Hillary Clinton will win the presidential election, and may well carry in with her a Democratic House and Senate Paul Krugman considers what he ought to […]
This book is about a counter-narrative to austerity politics. It exposes its fallacies, and, I hope, its closed-mindedness and futility. It also offers a way out of austerity politics. That […]
We need big, big changes in the United States. Many of them will require the Federal Government to spend unprecedented amounts, including deficit spending to enable us to solve problems […]
This is how the mission of the President’s National Commission on Fiscal Responsibility and Reform was defined by the White House on February 18, 2010: The Commission is charged with […]