![]() ![]() Andy Barr speaks after claiming re-election for another term in Kentucky’s 6th Congressional district during an event held at the Campbell House in Lexington, Ky., Tuesday, November 8, 2022.Ĭongress is creating the debt crisis. Rep John Yarmouth’s Jinterview on C-Span or read Stephanie Kelton’s The Deficit Myth). (If you want an economically literate discussion of government spending, debt, and deficits see former U.S. ![]() Barr, threatening a loss of access, or due to his lack of familiarity with the topic. ![]() Glover mostly head nodded his way through the interview either due to his reluctance to challenge Rep. And because we are presuming innocence, I’ll extend the presumption to Representative Barr and say he’s merely completely at a loss. Andy Barr appeared on WVLK’s Larry Glover Live to discuss the so called debt ceiling. Inspired by Galbraith’s phrasing, Warren Mosler wrote “The Seven Deadly Innocent Frauds of Economic Policy” which is a short correction of some common errors about government spending, deficits, debt, social security, trade, national investment, and taxes. ![]() An admission of earlier understanding becomes a concession of outright fraud a rare scene for even the least rabbit eared pol. Those repeating the frauds are presumed innocent because of their inability to discern conventional wisdom from fact. ![]()
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