Real Progress In Action | The Real Winners of the Biden-Harris Economic Policies @RealProgressInAction | Uploaded October 2024 | Updated October 2024, 1 hour ago.
In this episode of Political Misfits, Steve Grumbine joins hosts Michelle Witte and John Kiriakou to discuss Vice President Kamala Harris' recent comments on her economic policies during an MSNBC interview. They explore the current economic landscape, the Inflation Reduction Act, and the impacts of rising interest rates on the wealthy and working-class Americans. The conversation also delves into the shrinking middle class, rising home insurance premiums, and the political dynamics in Pennsylvania. Grumbine, a proponent of modern monetary theory, also discusses the importance of building community and offers insights into possible economic reforms.
#Kamala #InterestRates #MiddleClass #WorkingClass #CulturalHegemony #Immigration #Democrats #Palestine #HomeInsurance #PriceControls #RentControls #Reaganomics #LearnMMT
Chapters:
00:00 Introduction and Guest Introduction
00:21 Kamala Harris's Economic Plans
01:28 Economic Wins and Billionaires
03:19 Inflation Reduction Act and Working Class
05:28 Student Loans and Economic Impact
09:31 Middle Class and Economic Proposals
18:04 Home Insurance and Natural Disasters
23:31 Kamala Harris's Political Challenges
27:22 Conclusion and Guest Farewell
Full episode: rumble.com/v5gkddp-political-misfits.html?e9s=src_v1_ucp
Follow @SputnikMisfits on Twitter.
Follow @JohnKiriakou on Twitter.
Follow @sdgrumbine on Twitter.
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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!
To learn more about Modern Monetary Theory, check out our podcasts!
macroncheese.com
Macro N Cheese Podcasts:
realprogressives.org/macro-n-cheese-podcast
Follow us on Twitter:
Twitter.com/RP_In_Action
Follow us on Instagram:
instagram.com/rpinaction
We believe all materials used in this video fall under Fair Use as defined in Section 107 of the Copyright Act of 1976.
#MMT
In this episode of Political Misfits, Steve Grumbine joins hosts Michelle Witte and John Kiriakou to discuss Vice President Kamala Harris' recent comments on her economic policies during an MSNBC interview. They explore the current economic landscape, the Inflation Reduction Act, and the impacts of rising interest rates on the wealthy and working-class Americans. The conversation also delves into the shrinking middle class, rising home insurance premiums, and the political dynamics in Pennsylvania. Grumbine, a proponent of modern monetary theory, also discusses the importance of building community and offers insights into possible economic reforms.
#Kamala #InterestRates #MiddleClass #WorkingClass #CulturalHegemony #Immigration #Democrats #Palestine #HomeInsurance #PriceControls #RentControls #Reaganomics #LearnMMT
Chapters:
00:00 Introduction and Guest Introduction
00:21 Kamala Harris's Economic Plans
01:28 Economic Wins and Billionaires
03:19 Inflation Reduction Act and Working Class
05:28 Student Loans and Economic Impact
09:31 Middle Class and Economic Proposals
18:04 Home Insurance and Natural Disasters
23:31 Kamala Harris's Political Challenges
27:22 Conclusion and Guest Farewell
Full episode: rumble.com/v5gkddp-political-misfits.html?e9s=src_v1_ucp
Follow @SputnikMisfits on Twitter.
Follow @JohnKiriakou on Twitter.
Follow @sdgrumbine on Twitter.
Please help our Real Progressives efforts and become a monthly donor!
At PayPal
paypal.me/RealProgress
At Patreon
patreon.com/realprogressives
RealProgressives.org
realprogressives.org/donate
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!
To learn more about Modern Monetary Theory, check out our podcasts!
macroncheese.com
Macro N Cheese Podcasts:
realprogressives.org/macro-n-cheese-podcast
Follow us on Twitter:
Twitter.com/RP_In_Action
Follow us on Instagram:
instagram.com/rpinaction
We believe all materials used in this video fall under Fair Use as defined in Section 107 of the Copyright Act of 1976.
#MMT
