![]() Programs like Social Security and Medicare are propelling us toward a grave fiscal crisis MMT, as Kelton shows, shifts the terrain from narrow budgetary questions to one of broader economic and social benefits.Government borrowing crowds-out private investment and undermines long-term growth.The federal government should budget like a household ♽eficits will harm the next generation. ![]() Any ambitious proposal, however, inevitably runs into the buzz saw of how to find the money to pay for it, rooted in myths about deficits that are hobbling us as a country. ![]() Shattering the myths about deficits that have long hobbled us as a country to build a more resilient economy that can safeguard us in good times and in times of crisis Stephanie Kelton's brilliant exploration of modern monetary theory (MMT) dramatically changes our understanding of how we can best deal with crucial issues ranging from poverty and inequality to creating jobs, expanding health care coverage, combating climate change, building infrastructure - and fighting pandemics. ![]()
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