Democrats Don’t Care About Debt. And That’s OK.

Democrats Don’t Care About Debt. And That’s OK.

The pandemic shook things up, a lot. It exposed the country’s deepest inequalities, and arguably, made them worse. Now, all eyes are on President Biden to see how he’ll fix it, and Republicans are responding exactly as expected: by crying about the debt. Here’s the thing, though, says Paul Krugman, an American economist and op-ed columnist at The New York Times, there’s really no reason to. It’s a tale as old as time. Both parties spend, but when it’s time for Dems to make the economic plans, and Biden took office, Republicans “suddenly rediscovered that they were worried about debt” he tells co-host Molly Jong-Fast on this bonus episode of The New Abnormal. But it actually doesn’t matter, he claims. “The important thing to realize is that governments are not like you and me, governments don't have to pay back their debt,” he explains. “All they have to do is make sure that their obligations don't grow beyond any reasonable estimate of what they can us over time. That means they never actually have to pay off debt. It's a threat that exists only in the imagination of people who want to have some reason to squeeze government spending.” Instead, says Krugman, lawmakers should prioritize giving money to poor families with children, which is cheap and will get them out of poverty. “You can do an enormous amount for children, fairly affordably,” he says, but for the love of Pete, stop calling it tax breaks. “It's actually just giving people money,” he says, which isn’t a bad thing at all. Will the Trump voters go for this? It’s unclear, but Krugman says Biden’s policies actually help them the most. (“There's basically no place in America that is more dependent upon federal aid. That is more lifted out of absolute misery by massive support from the taxpayers than Eastern Kentucky. And it's very, very hard to find someone who didn't vote for Trump and those in those counties.”) Plus! The past alignments of the Democratic and Republican parties are completely changed, he says. (“People used to describe [the GOP] as being a center, right party, but it's not, it's now an extreme authoritarian, anti-liberal, anti-science, anti-almost-everything party that more or less [resembles] fascist parties of Europe.”) And! A prediction of what economic recovery look like post-pandemic. It’s good news for the working class.

Hosted on Acast. See acast.com/privacy for more information.

Episoder(1019)

How Trump Aides Mock Him Behind His Back: Wolff

How Trump Aides Mock Him Behind His Back: Wolff

Michael Wolff joins Joanna Coles to reveal how White House insiders are now dubbing the East Wing the “Epstein Ballroom.” From the persistent shadow of Jeffrey Epstein over Trump and Prince Andrew’s dramatic fall from royal privilege, to the explosive crypto pardons benefiting the Trump family, Wolff’s latest thorns to burrow into Trump’s side. They discuss Rupert Murdoch’s role, the birthday letter that exposed Trump’s connections, and the intricate web of influence stretching from Norfolk to Washington. With the latest Trump polls tanking and the government shutdown nearing a record, this episode captures the tangled, high-stakes universe of Trump’s presidency in real time. Hosted on Acast. See acast.com/privacy for more information.

2 Nov 202543min

Trump Is Planning MORE White House Teardown: Wolff

Trump Is Planning MORE White House Teardown: Wolff

Michael Wolff joins Joanna Coles to posit the president’s next astonishing move: Donald Trump’s plan to demolish the West Wing of the White House. They trace how that impulse connects with the East Wing teardown, a $300 million ballroom project, and the greater ambition of remaking the presidency in his image. Along the way, they explore how Trump’s real estate instincts are emerging as his most effective shock-and-awe tactic. With the foreign policy collapse in China, the polling crisis at home, and the disappearance of oversight in Congress, this episode asks: As Trump tears down the White House, what remains of the presidency? Hosted on Acast. See acast.com/privacy for more information.

31 Okt 202550min

Why Young MAGA Men Are Turning on Trump: Pollster

Why Young MAGA Men Are Turning on Trump: Pollster

John Della Volpe, Polling Director at the Harvard Kennedy School, joins Joanna Coles to break down the dramatic shift in young male voters, once Trump’s strongest base. From Charlie Kirk’s legacy to the collapse of Trump’s net favorable rating among young men, Della Volpe explains how inflation, chaos, and the unmet promise to release the Epstein files are reshaping politics. They also weigh in on Turning Point USA’s new leadership, the rise of faith communities, and the anti-establishment mood driving 2026 and 2028. Can Democrats turn this disillusionment into an advantage, and is Trump’s hold on young men slipping for good? Hosted on Acast. See acast.com/privacy for more information.

30 Okt 202535min

Trump Plotted Secret White House Teardown: Wolff

Trump Plotted Secret White House Teardown: Wolff

Michael Wolff joins Joanna Coles to reveal Trump’s hasty plan to demolish the East Wing and build a massive Trump Ballroom, his push to bypass political limits, and his obsession with control. They break down Steve Bannon’s wild Trump third-term schemes and Melania’s conspicuous absence on the president's Japan trip. Wolff explains how Trump’s real estate instincts shape his decisions in Washington and why Trump’s once seemingly impossible authoritarian dreams suddenly feel possible in an America where business and political leaders are genuflecting to Trump. Hosted on Acast. See acast.com/privacy for more information.

29 Okt 202548min

E. Jean Carroll: My $83m Victory Over Smelly Trump

E. Jean Carroll: My $83m Victory Over Smelly Trump

Writer E. Jean Carroll, who triumphed over Donald Trump with an $83 million defamation verdict after accusing him of rape in the mid-1990s, is joined by her attorney Roberta Kaplan and Joanna Coles to unpack their historic courtroom victories. From tense depositions to a landmark judgment, they reveal how strategy, resolve, and fearlessness dismantled Trump’s aura of invincibility. Carroll discusses how she’ll use her winnings to support women’s rights, while Kaplan explains why Trump’s appeals are likely doomed. Can Trump honestly be held accountable, and what does their win mean for justice and women across America? Hosted on Acast. See acast.com/privacy for more information.

28 Okt 202543min

What Trump's Tacky WH McMansion Plans Reveal: Lemon

What Trump's Tacky WH McMansion Plans Reveal: Lemon

Don Lemon joins Joanna Coles to assess how Donald Trump’s hasty East Wing tear-down, building a tacky McMansion-style ballroom while the country stalls, mixing supposed opulence with power, and blurring public duty with private ego. Lemon, a veteran reporter and anchor, brings his sharp and uncompromising voice to the conversation. Together with Coles, he examines Trump’s architecture of excess —the corporations and their leaders acting as his handmaidens —and asks: when the symbol of American democracy becomes a personal trophy house, what does that mean for the rest of us, and how long can the facade hold? Hosted on Acast. See acast.com/privacy for more information.

27 Okt 202545min

'Weird' Stephen Miller Is Trump's Biggest Suck-Up

'Weird' Stephen Miller Is Trump's Biggest Suck-Up

Stephen Miller is the ultimate suck-up, a master of shameless flattery whose influence keeps him at the center of Trump’s orbit. Michael Wolff joins Joanna Coles to unpack how Miller’s relentless devotion to Trump reflects the chaos and destruction in the East Wing. The two also touch on how Wolff’s countersuit against Melania has spurred a bizarre AI-generated TMZ story that falsely claimed he was writing a tell-all about the first lady. They preview their first live ‘Inside Trump’s Head’ event at the Museum of the City of New York, where Wolff promises more revelations about Trump, Epstein, and the ecosystem that enables them. Hosted on Acast. See acast.com/privacy for more information.

26 Okt 202535min

Wolff: What I’m Going to Ask Melania Under Oath

Wolff: What I’m Going to Ask Melania Under Oath

Michael Wolff joins Joanna Coles to tackle his startling new announcement: a billion-dollar countersuit against Melania Trump. The two dissect Jeffrey Epstein’s well-documented friendship with Donald Trump and connect the dots to Trump’s East Wing demolition, showcasing the president’s strategy for destruction. Wolff and Coles also unpack Stephen Miller’s hardline crusades, exposing the strange psychology that drives one of Trump’s most maniacal members of his inner circle. As the legal walls close in, one question lingers: how much of Trump’s chaos is calculation, and how much is pure compulsion? Hosted on Acast. See acast.com/privacy for more information.

24 Okt 202544min

Populært innen Premium

avhort
papaya
storefri-med-mikkel-og-herman
topp-3-med-mads-og-rasmus
harm-og-hegseth
tusvik-tnne
krimpodden-vg
giver-og-gjengen-vg
aftenpodden
stopp-verden
konspirasjonspodden
catrin-steinar-redder-forholdet
hvordan-har-du-det-mann
podme-krim
popradet
ida-med-hjertet-i-handen
big-5-med-nils-og-harald-2
aftenbladet-dokumentar
hovla
bt-dokumentar-2