4.8 • 9.2K Ratings
🗓️ 22 March 2020
⏱️ 79 minutes
🧾️ Download transcript
The coronavirus pandemic and all of the economic and social crises that it has exposed has politicians of all stripes calling for massive government intervention. And, funny enough, no pundit or politician is whining about how “WE CAN’T AFFORD THIS!” But just as in 2008, corporations and lobbyists are salivating at the opportunity to milk this crisis for as much government money as they can get their hands on. This is why we MUST use this moment to massively reshape our economic and healthcare systems and immediately get money in the hands of all Americans. Michael discusses what action must be taken with economist and professor Stephanie Kelton, former economist with the Senate Budget Committee and author of the forthcoming book, "The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy."
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Call your U.S. Senators: 202-225-3121
Call your U.S. Rep: 202-224-3121
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Pre-order Stephanie's book "The Deficit Myth" from BookShop:
https://bookshop.org/a/1381/9781541736184
Or, if you prefer Amazon, pre-order it here:
FDR's 2nd Bill of Rights scene from "Capitalism: A Love Story":
Stephanie's op-ed in NYT:
https://www.nytimes.com/2020/03/21/opinion/-coronavirus-stimulus-trillion.html
Click on a timestamp to play from that location
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1:24.2 | My guest today is Stephanie Kelton. |
1:29.6 | You may have heard of her, seen her, listened to her, read her. |
1:34.6 | She is a professor of economics and public policy at the State University of New York in |
1:41.1 | Stony Brook, New York and fine school. |
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1:47.6 | I've asked her to come on today because the thing that's facing us right now is obviously |
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