Clever, Very Clever Stephanie Kelton

The prior post discussed a debate between two positions on the National Debt.

At this link

http://neweconomicperspectives.org/2012/10/pete-peterson-has-won.html

Stephanie Kelton presents a position that we have already lost the debate to Pete Peterson:

The US is broke. Government deficits are de facto evidence of a government gone wild. We’re careening toward Greece. Entitlements are the root cause of our fiscal woes, and the Chinese are coming for our grandchildren.  How many Americans believe this garbage? My guess? Most of them.
Pete Peterson has won and the American people have lost.  There is no effective counter narrative, not even from the left.  Nearly all “progressives” have accepted the fundamental premise that the federal government is like a great big household.

Very sly, Stephanie and thankyou for confirming at the end of the comments you cleverness in framing it this way in your response to the quote of the previous commenter:

“We just have to fight harder. And I’m willing to help.”
Excellent. Maybe there is a method to my madness…. 

What we need is a debate.  Maybe like the prior post in this blog.

What we have is a debate.  Between doves and hawks.  Now a three way debate with Owls.  The Two Party Doves and Hawks own the debate like they own politics with a joint agreement that no third party intrude to crash their framing of the issue.

There is no opposing issue nor position allowed as far as they have framed it.  Deficit reduction is required.  Should we have more or less?

Let's go head to head on the issue of reducing the deficit or increasing the deficit.

First job: Reframe the issue in terms other than deficit.

The National Debt is our National Savings.  It is our Money Supply.