{"id":19839,"date":"2015-03-13T01:34:55","date_gmt":"2015-03-13T05:34:55","guid":{"rendered":"http:\/\/ssgreenberg.name\/PoliticsBlog\/?p=19839"},"modified":"2015-03-13T01:40:00","modified_gmt":"2015-03-13T05:40:00","slug":"senator-bernie-sanders-identifies-robin-hood-in-reverse","status":"publish","type":"post","link":"https:\/\/ssgreenberg.name\/PoliticsBlog\/2015\/03\/13\/senator-bernie-sanders-identifies-robin-hood-in-reverse\/","title":{"rendered":"Senator Bernie Sanders Identifies Robin Hood in Reverse"},"content":{"rendered":"<p>The YouTube video is titled <a href=\"http:\/\/www.youtube.com\/watch?v=yiK-poYNlKE\" title=\"YouTube video\" target=\"_blank\">Robin Hood In Reverse<\/a>.<\/p>\n<div style=\"text-align:center\">\n    <iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube-nocookie.com\/embed\/yiK-poYNlKE?rel=0\" style=\"border:thick ridge #009900;\" allowfullscreen><\/iframe>\n<\/div>\n<p>I am disappointed that Bernie Sanders still talks as if reducing the debt and deficit were necessary for any rational reason.  His Chief Economic Adviser, Stephanie Kelton, knows full well what baloney this is.  Perhaps the two of them have gotten together and decided that the heads of the Republican Senators would explode if they were exposed to the truth.<\/p>\n<p>See my previous post <a href=\"http:\/\/ssgreenberg.name\/PoliticsBlog\/2015\/03\/12\/the-peterson-foundation-sings-the-same-old-song\/\" title=\"Previous post\" target=\"_blank\">The Peterson Foundation Sings the Same Old Song<\/a>.  Here is one of the excerpts that I showed in that post.<\/p>\n<blockquote><p>\nSo, the lower deficit Peterson approves of is close to or past putting the private sector into an aggregate annual loss position. And, in advocating for further deficit reduction, what Peterson is doing is advocating for placing the private sector into a much deeper and unsustainable loss position over a period of years. Doesn\u2019t Peterson know that government deficits add to private sector aggregate net financial assets? Doesn\u2019t he know that budgetary austerity will cause the private sector to lose financial wealth? Doesn\u2019t he know that the deficit doesn\u2019t harm the government\u2019s capability to spend, but that cutting it does harm the private sector\u2019s capability to spend by destroying private sector wealth over time?\n<\/p><\/blockquote>\n<p>Are any of my readers paying any attention?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The YouTube video is titled Robin Hood In Reverse. I am disappointed that Bernie Sanders still talks as if reducing the debt and deficit were necessary for any rational reason. His Chief Economic Adviser, Stephanie Kelton, knows full well what baloney this is. Perhaps the two of them have gotten together and decided that the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[166],"tags":[],"class_list":{"0":"post-19839","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-stevegsposts","7":"czr-hentry"},"_links":{"self":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/19839","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/comments?post=19839"}],"version-history":[{"count":4,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/19839\/revisions"}],"predecessor-version":[{"id":19843,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/19839\/revisions\/19843"}],"wp:attachment":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/media?parent=19839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/categories?post=19839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/tags?post=19839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}