Pavlina Tcherneva & the World Beyond Trump

2 October 2017 – Some days it’s hard to remember that despite all appearances, there is a world out there beyond Trump and all the many, many ways he is failing this week. The truly dazzling economist Dr. Pavlina Tcherneva (her excellent site is here) is with us for the interview. I was able to interview her in person at the First International Conference of Modern Monetary Theory (MMT Conference). We talked about how the, now famous, chart (see above)  she developed was able to influence the conversation around inequality and how a job guarantee program can add more than just jobs to a society. It is inspiring to know the modern monetary theory rests in the hands of economists, like Pavlina, who have a clear connection to the ground truth of the programs and policies they imagine into existence.

I start out the show with just a quick overview of my experience at the MMT conference. It was genuinely compelling and I was overwhelmed by all the ideas and applications of MMT to which I was exposed. You will be hearing about many of these in depth in the future and I promise you will be intrigued too.

Will then updated everyone on the events in Catalonia related to the independence vote. Spain is refusing to acknowledge the vote and tension is ratcheting up. Will has covered Catalonia in the past and promises a deep dive next week.

We touched briefly on Puerto Rico. Now that it is (finally) being followed by major media we are leaving most of that to actual journalists but people are suffering and our President, while golfing, is too busy trying to shame the Mayor of San Juan with tweets to actually send an appropriate level of support. It’s not just frustrating or inhumane, it’s evil.

In Will’s main block he talked about Brexit. Many are saying that all the economic ills projected by those who wanted to remain in the European Union have not come to pass and were therefore simply election scare tactics. Will points out the obvious, the UK is still in the EU and the pain from Brexit will not be felt until Brexit actually occurs. It remains reasonable to expect cost-push inflation (also known as supply shock) as the UK strikes out on its own.

In my block I briefly lay out my reasons for supporting Bernie’s current “Medicare for All” bill. This may surprise some of you but I find this bill to be essential and extremely well-timed. Don’t get me wrong, this bill won’t move and, ultimately, the bill that does move will look different but here’s the thing – we can’t legislate until we get elected. Will disagrees but I think “Medicare for All” is a good bumper sticker way to sum up the shared Democratic party value that healthcare is a right. I think having this bill under active discussion now gives us an opportunity to build coalition and consensus in preparation for a non-Trump future. No matter what, this bill has already moved the Overton Window and that in and of itself is critical. Bernie has written a solid bill and he is gathering important voices. There is long, hard work ahead to build unstoppable grassroots momentum but this is how healthcare gets changed for real. It will take all of us…and it should. Carrots! – Arliss

Since recording this episode, the Spanish government has acted without restraint or dignity in Catalonia, attacking unarmed civilians with a wave of brutal repression. Many folks who oppose the referendum say that holding it is illegal. That may be true, but it isn’t an excuse for state violence. Spain had every ability to refuse to acknowledge the vote, which was itself an act of civil disobedience. But instead of responding to this act with restraint, and refusing to acknowledge the results, they chose to wage an unnecessary and unnecessarily brutal campaign of violence against the Catalan people. These actions bring the legitimacy of Rajoy’s governance of Catalonia into question. Things will likely only get worse in the coming days. I will report in depth on the situation next week, and talk about Kurdistan and its referendum as well. –Will

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Charles Gaba – Fixing the ACA, a Deep Dive

7 August 2017 – This week we go really deep into the weeds, which is our favorite place! National ACA expert, Charles Gaba (@charles_gaba aka Brainwrap) of ACASignUps.org fame is with us to help us sort out current legislative efforts, what needs to be done as well as what is politically possible. Charles also defines and clarifies terms like “Medicare for All” and explains the problems with Dems settling on that vocabulary and policy at this point.

Will starts us out with a bang and a rant. I chime in too. We have both just HAD IT with with the “Brocialist” attitude toward women. We also REALLY hate the entitled, special snowflake crap they throw at every idea which does not fully comply with their purity tests. Politics is work and compromise. It’s about community. It’s almost always a long, hard slog to get anything of real merit. It’s definitely not for the whiny or precious. Being mean, vindictive and exclusionary is expressly not welcome in the big tent of the Democratic party. Everyone who wants to work, cooperatively to achieve the platform goals is welcome. Brocialists? Get the hell out.

I devote my segment this week to part two of a three-part “series” highlighting the current, fierce attack on Dodd-Frank. Last week I was on the Consumer Finance Protection Bureau (CFPB). This week I review the basics of the rest of Dodd-Frank in preparation for getting into detail regarding the increasingly successful Trump administration attack on the foundations of our entire financial system. It’s a big deal and very much under-covered in the media, hence a three week project to shine a light.

I’m here next week but traveling for the following two weeks so you can look forward to hearing from some of our new folks later in August. Carrots! – Arliss

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