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Saagar Enjeti: The Pseudo-Populist Mainlining Neocon Ideas into Progressive Politics

Saagar Enjeti: The Pseudo-Populist Mainlining Neocon Ideas into Progressive Politics
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Cost of Financing US Deficits - The Big Picture


Cost of Financing US Deficits
December 18, 2020 12:30pm by
Barry Ritholtz
 
Low interest rates makes it easier to pay off debts.
This is what awaits the new administration that will begin governing in a little over a month. The facts about deficit financing should be front and center of the White House and Congress.
Its the Debt servicing costs, stupid — not total debt.
Consider in 2000, when the US federal debt was 34% of GDP, relatively close to its post-war low. By the end of 2020, the debt-to-GDP ratio will have nearly tripled to over 100% of GDP. At the same time, the cost of servicing this larger debt has fallen, relative to the size of the economy, because of the widespread fall in interest rates across advanced economies. As a share of GDP, the cost of servicing US debt has fallen since 2000, even though federal debt has increased.

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Detailed text transcripts for TV channel - CNN - 20190602:13:49:00

credibility to stand up to these chicken hawks. >> who are you calling a chicken hawk specifically? >> well, john bolton. he's one who pushed us into war in iraq. he's trying to push us into war in iran. look, if you saw a definition of chicken hawk in a dictionary, you'd see donald trump and john bolton right next to each other. i think we all know who is the chicken and who is the hawk. >> you fought in iraq even though intellectually you opposed the war. joe biden was in the senate at the time. he voted to go to war in iraq. was that a mistake? does that say something about his judgment? >> i have a lot of respect for joe biden. he's a mentor and a friend, but i do think it's time for the generation that fought in iraq and afghanistan to step in for the generation that september us there. >> was it a mistake for him to vote to go to war in iraq? >> well, i wasn't in the senate at the time.

Us- , War , Chicken-hawk , Chicken-hawks , Credibility , Iran , Bolton , War-in-iraq , One , Donald-trump , Know , Chicken

Detailed text transcripts for TV channel - CNN - 20190602:16:36:00

particular has said that that's what he hopes happens t. bottom line is we have a commander-in-chief who is not tough enough, doesn't have the credibility to stand up to these chicken hawks. >> who are you calling a chicken hawk specifically? >> well, john bolton. he's one who pushed us into war in iraq. he's trying to push us into war in iran. look, if you saw a definition of chicken hawk in a dictionary, you'd see donald trump and john bolton right next to each other. i think we all know who is the chicken and who is the hawk. >> you fought in iraq even though intellectually you opposed the war. joe biden was in the senate at the time. he voted to go to war in iraq. was that a mistake? does that say something about his judgment? >> i have a lot of respect for joe biden. he's a mentor and a friend, but i do think it's time for the

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Detailed text transcripts for TV channel - FOXNEWS - 20190528:20:28:00

diplomacy. let's make this deal and work to strengthen it. >> neil: the president said the no deal is better than this deal. we can go back and forth on that. you've been critical of a lot of people in both hearts how they handle the disturbances and the world. you said when it comes to tensions with russia and china, we're getting close to a nuclear catastrophe. you called out chicken hawks in both media, the industrial checks that drove to us war for their own power and profit. you served in the military. one of the few presidential candidates that have. what is your fear here? >> look, the concern is that nuclear strategists are saying the same thing that i delivered. we're at a greater risk of nuclear war now than ever before. this is a risk that we have to

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Detailed text transcripts for TV channel - MSNBC - 20190528:02:44:00

embassy. secretary mattis who has fought iranians said no, we're not going to get into a war. this is chicken hawks in the administration. i mean, if you saw a definition of chicken hawks in the dictionary, it would be john bolton and donald trump. and by the way, i think we all know who is the hawk and who is the chicken. i don't think that trump even has control over his national security adviser right now. he's trying to drag us into a war with iran just like he did 15 years ago in iraq. >> talk about what it was like to be in a war that you opposed and what did that teach you that you would bring to the oval office? >> that you shouldn't go into war until unless it's absolutely necessary. you know, i've seen marines hurt and killed. by iraqis, by iranians. you don't fight unless you absolutely have to. and i just don't think that people in this administration understand that. and donald trump you know got out of fighting in his war.

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Detailed text transcripts for TV channel - MSNBC - 20190528:05:44:00

secretary mattis who has fought iranians said no, we're not going to get into a war. this is chicken hawks in the administration. i mean, if you saw a definition of chicken hawks in the dictionary, it would be john bolton and donald trump. and by the way, i think we all know who is the hawk and who is the chicken. i don't think that trump even has control over his national security adviser right now. he's trying to drag us into a war with iran just like he did 15 years ago in iraq. >> talk about what it was like to be in a war that you opposed and what did that teach you that you would bring to the oval office? >> that you shouldn't go into war until unless it's absolutely necessary. you know, i've seen marines hurt and killed. by iraqis, by iranians. you don't fight unless you absolutely have to. and i just don't think that people in this administration understand that. and donald trump you know got out of fighting in his war.

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Detailed text transcripts for TV channel - FOXNEWS - 20180721:02:37:00

>> jason: we're not arguing about that. i'm asking is barack obama accurate or inaccurate? would he be lying or telling the truth? >> i can't get into the headset of barack obama and his motivations. >> jason: i understand that. let's go to -- >> great. >> jason: how do you read this? the left hasn't accepted these elections. pardon the expression here, but this is like jason 15, hillary clinton coming up with excuse after excuse after excuse for why they didn't win and they haven't accepted this outcome yet. that is their real problem. they're not concerned about america's national security the way they have you believe it. is that they're suddenly hawks there. >> chicken hawks. chicken hawks. >> jason: look what they did over my lifetime. i started working in washington

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Detailed text transcripts for TV channel - FOXNEWS - 20180721:06:37:00

about that. i'm asking is barack obama accurate or inaccurate? would he be lying or telling the truth? >> i can't get into the headset of barack obama and his motivations. >> jason: all right. i understand that! >> ok, great. >> jason: how do you read this?yo >> the left hasn't accepted these elections.rd pardon the expression here, but this is like jason 15, hillary clinton coming up with excuse after excuse after excuse for why they didn't win and they haven't accepted this outcome yet. that is their real problem. they're not concerned about america's national security the way they have you believe it. >> jason: they suddenly have become hawks, though. >> chicken hawks. chicken hawks. >> jason: look at what they did over my lifetime.

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