- 20 Dec 2018 03:19
#14973954
Inflation isn't a problem because Labor's power has been smashed.
Workers can't organize to demand higher wages.
As a result the US Gov. can spend a lot more without inflation.
Deficits can be a lot larger. The total national debt does NOT matter at all.
This is a very good thing, because the world needs a Green New Deal to rapidly
. . . but carefully reduce our use of carbon fuels and save humanity from AGW.
13.6 min.
Workers can't organize to demand higher wages.
As a result the US Gov. can spend a lot more without inflation.
Deficits can be a lot larger. The total national debt does NOT matter at all.
This is a very good thing, because the world needs a Green New Deal to rapidly
. . . but carefully reduce our use of carbon fuels and save humanity from AGW.
13.6 min.