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MiB: Stephanie Kelton on US Fiscal Policy and the ‘Deficit Myth’

The Big Picture

This week, I speak with Stephanie Kelton , Professor of Economics and Public Policy at Stony Brook University and Senior Fellow at the Schwartz Center for Economic Policy Analysis. Senate Budget Committee, and was senior economic adviser for Bernie Sanders 2016 and 2020 presidential campaigns.

Economics 200
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How Will the One, Big, Beautiful Tax Bill Impact Markets?

Carson Wealth

In fact, there’s a national accounting identity that precisely relates profits to the various components of GDP, called the Levy-Kalecki profit equation: What it captures is the various sources of profits on a broad economic level. increases profits. The idea is that one business’s investment is another business’s revenue, and profits.

Taxes 59
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Transcript: Ron Shaich, Au Bon Pain, Panera Bread & CAVA

The Big Picture

And, you know, we can’t agree on a budget for 20 months. By 2016, our comps were pushing double digits again. It’s behavioral economics, behavioral finance. I also think that in, in our civic society, being able to think long term and, and come together as a country is powerful. 00:37:53 Right. And we did it.

Food 130
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Economic Outlook and the Election

Calculated Risk

After the election in November 2016, I pointed out that the economy was solid, that there were significant economic tailwinds and that it was unlikely that Mr. Trump would do everything he said during the campaign ( emphasis added ). I was pretty optimistic on the economic outlook! See: The Future is still Bright!

Economics 317
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The Greatest Missed Opportunity of Our Lifetimes

The Big Picture

As the Peterson Institute noted: In June, the Congressional Budget Office (CBO) projected that annual net interest costs would total $663 billion in 2023 and almost double over the upcoming decade, soaring from $745 billion in 2024 to $1.4 Note that this is not hindsight bias , but rather discussions we had repeatedly here in the mid-2010s.

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September 2016 Insights on Markets and Investments

Brown Advisory

September 2016 Insights on Markets and Investments achen Mon, 09/12/2016 - 01:00 In this issue: Investors Facing Rising Risks Need Solid Defense, Savvy Offense Increasing political and economic risk during the past year has widened the range of possible positive and negative scenarios for financial markets.

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September 2016 Insights on Markets and Investments

Brown Advisory

September 2016 Insights on Markets and Investments. Mon, 09/12/2016 - 01:00. In this issue: Investors Facing Rising Risks Need Solid Defense, Savvy Offense Increasing political and economic risk during the past year has widened the range of possible positive and negative scenarios for financial markets.