Real Progress In Action | Student Debtors Could Be More Powerful Than A Constituency #shorts @RealProgressInAction | Uploaded September 2023 | Updated October 2024, 5 hours ago.
Steve explains how millions of working class people who are affected by student debt could unite to force the establishment to take action to canceling it.

#StudentDebt #Austerity #Activism #WorkingClass

Link to full episode: youtube.com/watch?v=B3xWierO2pc&t=1356s

We believe all materials used in this video fall under Fair Use as defined in Section 107 of the Copyright Act of 1976.

What is Modern Monetary Theory?
Modern Monetary Theory is the correct understanding of Macroeconomics.
It proves the following:
1) Taxes don't fund government spending and
2) Deficit spending is good most of the time.

Simple Economics Facts:
Government deficit = Private sector surplus
Government debt = private sector savings
The constraint on government spending is the availability of real assets/resources in an economy, not the federal budget!

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