D.C. Rutledge

Writer, Editor, Cartoonist, Progressive Independent, Free Thinker,

Creator of "2 Hard Questions" #2HQ

[Stephanie Kelton @StephanieKelton]

My latest. Just out.
Biden Can Go Bigger and Not ‘Pay for It’ the Old Way https://t.co/5MZJKD4afJ

[Stephanie Kelton @StephanieKelton]

What about the interest on the debt? Chapter 3, p. 88.

[Warren Gunnels @GunnelsWarren]

Today would be a very good day to re-hire anyone who was fired for smoking marijuana, expunge all marijuana records and take executive action to legalize weed. That is the right thing to do morally and it is precisely what the overwhelming majority of the American people want.

[Andrés Bernal 🇨🇴🇺🇸 @andresintheory]

Paul Krugman is insufferable

[Bernie Sanders @BernieSanders]

There is not one state in our country where you can make ends meet on the current federal minimum wage. Not one! How quickly would Congress raise the minimum wage if they were forced to live on $7.25 an hour? Outrageous.

[Ryan Grim @ryangrim]

If Democrats were smart, they could have their infrastructure projects in full swing in 2024 with trillions pumping into local economies.

The infrastructure package should be several trillion to hedge the possibility they lose the House in 22 &Republicans try to starve them out

[Deficit Owls 🦉 @DeficitOwls]

Why does the government sell bonds? Simple: because people in the private sector want bonds.

Does gov need to sell bonds in order to spend? No, gov is the currency-issuer.

Does selling bonds reduce inflation compared to issuing currency? No, they’re both liquid forms of wealth.

[Nina Turner @ninaturner]

Abolish the filibuster.

[Deficit Owls 🦉 @DeficitOwls]

People say there are 3 things we can do about national debt: pay it down, inflate it away, or default.

But why do they think we need to “do something” about the debt? Do we need to “do something” about the money supply?

Do nothing: just don’t let inflation happen and it’s fine.

[D.C. Rutledge @dcrutledge9]

@StephanieKelton You can’t convince everyone to read your book ...

[Stephanie Kelton @StephanieKelton]

Yes, it was a bad ruling. But don’t blame the unelected parliamentarian for killing $15/hr. Its fate is still very much in the hands of democratically elected leaders.

[Bernie Sanders @BernieSanders]

Some people — including Senators — say, "Well, Bernie, how can we afford to act on climate change?” The real question is: how can we afford NOT to act while climate change causes destruction and suffering? We have a moral obligation to protect the planet for future generations.

[Ben Spielberg @BenSpielberg]

Joe Manchin is bad.

Neera Tanden is bad.

Joe Manchin’s reason for voting against Neera Tanden is not very good.

The fact that Joe Manchin is voting against Neera Tanden is very good.

[Deficit Owls 🦉 @DeficitOwls]

When the government deficit spends, it is NOT drawing down on some fixed pool of savings.

What it's doing is writing IOUs. Those IOUs get held by citizens, as part of their financial portfolios.

That CREATES saving. This ADDS to private financial wealth.

[D.C. Rutledge @dcrutledge9]

Are grand juries just a joke for cops, or what?

[Nomiki - @nomiki.bsky.social @NomikiKonst]

Are you f*cking kidding me???

[D.C. Rutledge @dcrutledge9]

BrIlLiAnT!

[Bernie Sanders @BernieSanders]

Unbelievable. There are some Dems who want to lower the income eligibility for direct payments from $75,000 to $50,000 for individuals, and $150,000 to $100,000 for couples. In other words, working class people who got checks from Trump would not get them from Biden. Brilliant!

[Ed Markey @EdMarkey]

You know what would be an effective stimulus program? Canceling student debt. President Biden can do it today and I urge him to take action now. #CancelStudentDebt

[Nina Turner @ninaturner]

Policy is my love language 💜💜💜

[D.C. Rutledge @dcrutledge9]

@AOC Transparency. Tell us how the sausage is made while you’re making it.

[Local Berniecrats @LBcrats]

#BoostBerniecratStocks! Filing periods are here for 2021! Leaders, media, and supporters should encourage potential candidates to run now by sharing messages like this so they can see everyone excited and ready to support them! This is how to build power fast! Follow @lbcrats 🔥