Debunking the Deficit Hysteria with Stephanie Kelton
Why Is This Happening? The Chris Hayes Podcast
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Introduction
Chris Hayes: I have watched my entire adult life in politics. People talk about the deficit as this terrifying thing, the deficit's too high, the debt's too high and because of that, we cannot do X. And what that always means isn't really I care about the deficit or the debt. It's a lie. In fact, it's a lie that's so reliable that it's essentially a kind of linguistic substitution. Paul Ryan doesn't care about deficits and debts and you only need to know that. He voted for Medicare part D, which was a drug prescription benefit pushed through by the Bush administration. They leave that ultimately through George H.W. Bush who actually does put
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