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Podcast: Why Is This Happening? The Chris Hayes Podcast
Episode: Debunking the Deficit Hysteria with Stephanie Kelton
Description: Should you be worried about the federal deficit? While campaigning, President Trump followed in the footsteps of his conservative predecessors by fear-mongering about the ballooning deficit but when he got to the White House that concern seemed to disappear when it came to his tax cuts for the rich and increased government spending. In fact, there’s a pattern to the Republicans’ selective concern about increasing the deficit, and it all depends on who holds the power. When you look at the behavior of people in politics, they don’t really care about the national debt as much as they l...