Joe Biden has decided to increase debt ceiling to accommodate the Infrastructure bill and Build Back Better. But Republicans and some Democrats have raised concerns increasing the United States debt. Steve Grumbine, founder of Real Progressives stops by to explain what Modern Monetary Theory says about this so called debt ceiling.
According to Modern Monetary Theory, as known as MMT, there are other options Joe Biden and the United States government can do to ensure the American people have a living wage, cancel student loan debt and provide universal healthcare for everyone in this country. Steve Grumbine goes into detail about the best option to resolve wealth gap in this country.
With labor strikes happening across the country, there is a more pressing need for Americans to demand higher wages and more benefits. Steve and Sabby discuss the need for a General Strike. The question is, are we ready for it?
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