The Democratic Party’s fiscal policy proposals now have a face.
It turns out to be a Stony Brook University Professor
who champions “modern monetary theory.”
According to “MMT,” deficits don’t matter – so spending can be endless –
because the government can simply print more and more money!
MOST importantly, “MMT” believes the political-class is smarter
and more efficient than the marketplace.
“MMT” fans include Alexandria Ocasio-Cortez and Bernie Sanders.
To hear Delawarean Robert Fry Jr, who is an award winning economist,
explain this newly created fiscal socialism, listen below...