Economist Stephanie Kelton tells Ali Velshi Joe Biden and the Democrats should go big, despite concerns about the deficit because a deficit is not inherently bad: "A deficit means the government is making a financial contribution to some other part of our economy. Their deficit becomes our financial surplus. The question is for whom?” Aired on 04/10/2021.
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Economist: ‘Every Deficit Is Good For Someone … The Question Is For Whom?’ | The Last Word | MSNBC