{"id":25013,"date":"2018-01-09T14:56:59","date_gmt":"2018-01-09T19:56:59","guid":{"rendered":"http:\/\/ssgreenberg.name\/PoliticsBlog\/?p=25013"},"modified":"2018-01-09T14:58:22","modified_gmt":"2018-01-09T19:58:22","slug":"the-deficit-doesnt-matter","status":"publish","type":"post","link":"https:\/\/ssgreenberg.name\/PoliticsBlog\/2018\/01\/09\/the-deficit-doesnt-matter\/","title":{"rendered":"The deficit doesn&#8217;t matter"},"content":{"rendered":"<p><em>The Christian Century<\/em> has the article <a href=\"https:\/\/www.christiancentury.org\/blog-post\/practicing-liberation\/deficit-doesnt-matter\" rel=\"noopener\" target=\"_blank\">The deficit doesn&#8217;t matter: Thinking morally about the economy with Stephanie Kelton<\/a>.<\/p>\n<blockquote><p>\n<strong>Daniel:<\/strong> I don\u2019t want to overly psychologize politicians\u2019 motives, but how genuine do you think the concern about the deficit is when there\u2019s so much flip-flopping?<\/p>\n<p><strong>Kelton:<\/strong> It\u2019s not at all and everybody knows it. They do not care. And they are right not to care. What concerns me, honestly, is that the Democrats are going to make their persistent message that Republicans are hypocrites when it comes to the deficit but that they had it right when they were hysterical about it. That is not where I would like to see the party end up. I would much rather see the party go, \u201cYou know what? The Republicans have said it\u2019s okay to add $1.5 trillion to the deficit over the next 10 years as long as we\u2019re doing it for a good reason.\u201d Take that. It\u2019s a gift. Take that gift and say, \u201cLook, you\u2019re willing to do $1.5 trillion. We\u2019re willing to do $1.5 trillion. But you\u2019re making your check paid to the order of big wealthy corporations and the richest people in this country. Let me show you how we\u2019re going to write our checks for $1.5 trillion\u2014this is where a moral vision is crucial. Our checks are going to go the poor, the struggling, and the people with no healthcare. We\u2019re going to do this with our $1.5 trillion.\u201d\n<\/p><\/blockquote>\n<p>&#8216;<\/p>\n<p>Stephanie Kelton does her usual excellent job of explaining economics. Her explanation is not as simple as the deficit doesn&#8217;t matter. Instead she explains how and when it does matter as opposed to when it doesn&#8217;t matter.<\/p>\n<p>There are just a wealth of economic insights in the article.  Please read it.  Stephanie Kelton is a teacher who can really make complicated things easy to understand.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Christian Century has the article The deficit doesn&#8217;t matter: Thinking morally about the economy with Stephanie Kelton. Daniel: I don\u2019t want to overly psychologize politicians\u2019 motives, but how genuine do you think the concern about the deficit is when there\u2019s so much flip-flopping? Kelton: It\u2019s not at all and everybody knows it. They do [&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-25013","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\/25013","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=25013"}],"version-history":[{"count":2,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/25013\/revisions"}],"predecessor-version":[{"id":25015,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/25013\/revisions\/25015"}],"wp:attachment":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/media?parent=25013"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/categories?post=25013"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/tags?post=25013"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}