{"id":25948,"date":"2018-09-05T22:39:51","date_gmt":"2018-09-06T02:39:51","guid":{"rendered":"https:\/\/ssgreenberg.name\/PoliticsBlog\/?p=25948"},"modified":"2018-09-05T22:39:51","modified_gmt":"2018-09-06T02:39:51","slug":"nancy-pelosi-promises-that-democrats-will-handcuff-the-democratic-agenda-if-they-retake-the-house","status":"publish","type":"post","link":"https:\/\/ssgreenberg.name\/PoliticsBlog\/2018\/09\/05\/nancy-pelosi-promises-that-democrats-will-handcuff-the-democratic-agenda-if-they-retake-the-house\/","title":{"rendered":"Nancy Pelosi Promises That Democrats Will Handcuff the Democratic Agenda If They Retake the House"},"content":{"rendered":"

The Intercept <\/em>has the article Nancy Pelosi Promises That Democrats Will Handcuff the Democratic Agenda If They Retake the House<\/a>.<\/p>\n

\nA new vanguard of economists in Washington, including former Bernie Sanders staffer Stephanie Kelton, has argued that under modern monetary theory, public spending is only constrained when the economy is running at full capacity and inflation starts to rise \u2014 which is not remotely the case today.
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\nIn a statement, Kelton said that \u201cpay-go is a self-imposed, economically illiterate approach to budgeting.\u201d Republicans, she said, know this, which is why \u201cthey have unabashedly used their power to expand deficits and, hence, deliver windfall gains for big corporations and the already well-to-do.\u201d<\/p>\n

She continued, \u201cInstead of vowing budget chastity, Democrats should be articulating an agenda that excites voters so that they can unleash the full power of the public purse on their behalf.\u201d\n<\/p><\/blockquote>\n

This is why if the Democrats take back the House and they elect Nancy Pelosi as the speaker, all will be lost. I’d rather the Democratic majority waits until the Democrats wake up.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Intercept has the article Nancy Pelosi Promises That Democrats Will Handcuff the Democratic Agenda If They Retake the House. A new vanguard of economists in Washington, including former Bernie Sanders staffer Stephanie Kelton, has argued that under modern monetary theory, public spending is only constrained when the economy is running at full capacity and […]<\/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-25948","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\/25948","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=25948"}],"version-history":[{"count":1,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/25948\/revisions"}],"predecessor-version":[{"id":25949,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/25948\/revisions\/25949"}],"wp:attachment":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/media?parent=25948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/categories?post=25948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/tags?post=25948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}