Senator Chuck Schumer warned that the Republican tax plan would deepen the deficit by $5 trillion to $7 trillion.
The post How We Think About the Deficit Is Mostly Wrong appeared first on Stephanie Kelton.
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In this policy note, we examine the effects of implementing a nationwide job creation program.
The post Guaranteed Jobs Through A Public Service Employment Program appeared first on Stephanie Kelton.
More than 44 million Americans are caught in a student debt
trap. Collectively, they owe nearly $1.4 trillion on outstanding
student loan debt.
The post The Macroeconomic Effects of Student Debt Cancellation appeared first on Stephanie Kelton.
No, this won’t be on the table until 2021 at the earliest. But the party’s candidates need to offer some solutions.
The post The Democrats’ Options for Repealing the Trump Tax Cut appeared first on Stephanie Kelton.
How Democrats can fight the bogus claims of fiscal armageddon.
The post Republicans Want to Make Entitlements the Next Caravan appeared first on Stephanie Kelton.
To escape higher taxes, they must embrace deficits.
The post The Wealthy Are Victims of Their Own Propaganda appeared first on Stephanie Kelton.
There are no inherent tradeoffs between fiscal and monetary policy.
The post Modern Monetary Theory Is Not a Recipe for Doom appeared first on Stephanie Kelton.
Paul Krugman’s macro framework is leading him astray.
The post Paul Krugman Asked Me About Modern Monetary Theory. Here Are 4 Answers. appeared first on Stephanie Kelton.
Paul Krugman’s macro framework is leading him astray.
The post The Clock Runs Down on Mainstream Keynesianism appeared first on Stephanie Kelton.
The U.S. can afford a $350 billion job-guarantee program. But if you tie that to a Green New Deal, then all bets are off.
The post How to Tell When Deficit Spending Crosses a Line appeared first on Stephanie Kelton.