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ryangrim's profile
Ryan Grim
Ryan Grim
Ryan Grim
Verified account
@ryangrim

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Ryan GrimVerified account

@ryangrim

DC bureau chief at The Intercept. Young Turks contributor. Strong Arm Press co-founder. http://ryangrim-at-gmail.com  DM for Signal.

washington
badnews.substack.com
Joined September 2008

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    1. Ryan Grim‏Verified account @ryangrim Sep 19

      This ⁦@CillizzaCNN⁩ assertion that raising taxes is the only way to pay for Medicare 4 all is flat out false. Did we raise taxes to fully pay for the tax cut? Of course not. It relies on deficit spending,which is the way we’ve run things for 80 yearshttps://www.cnn.com/2018/09/18/politics/alexandria-ocasio-cortez-tapper/index.html …

      95 replies 338 retweets 1,090 likes
      Show this thread
    2. Doug Henwood‏ @DougHenwood Sep 19
      Replying to @ryangrim @CillizzaCNN

      Ryan, you’ve spent too much time listening to Stephanie Kelton. This is snake oil.

      2 replies 0 retweets 4 likes
    3. Ryan Grim‏Verified account @ryangrim Sep 19
      Replying to @DougHenwood @CillizzaCNN

      If snake oil worked for 80 straight years, I’d keep rubbing it on my skin, wouldn’t you?

      2 replies 2 retweets 29 likes
    4. Doug Henwood‏ @DougHenwood Sep 19
      Replying to @ryangrim @CillizzaCNN

      We’ve never had deficits of 4-5% of GDP at the top of the cycle, and Kelton talks like the sky’s the limit.

      3 replies 0 retweets 1 like
      Ryan Grim‏Verified account @ryangrim Sep 19
      Replying to @DougHenwood @CillizzaCNN

      There's a limit, of course, and the MMT people acknowledge that, but we're not even hitting our meager inflation target yet

      7:47 AM - 19 Sep 2018
      • 1 Retweet
      • 15 Likes
      • Arilyn Gabriel U. David Stein 🌹🌽🌽The Unknown Progressive #Sarandon2020🌽🍐 🌹 Greg Emetaz 💥[🍄☁️]💀👻 geerussell No Functioning Democracy Rohan Grey Raúl Carrillo
      3 replies 1 retweet 15 likes
        1. New conversation
        2. Doug Henwood‏ @DougHenwood Sep 19
          Replying to @ryangrim @CillizzaCNN

          they never talk about the limit - but what also bothers me is giving up on, in the immortal words of the narrator of All the King’s Men, soaking the fat boys

          8 replies 0 retweets 10 likes
        3. Ryan Grim‏Verified account @ryangrim Sep 19
          Replying to @DougHenwood @CillizzaCNN

          Then look at it this way: a major thing keeping us from soaking the fat boys is that we at the bottom are all fighting for scraps. So give us a full meal and then unleash us together against the fat boys.

          1 reply 0 retweets 5 likes
        4. all your fears are correct  🌹‏ @ABaczk Sep 19
          Replying to @ryangrim @DougHenwood @CillizzaCNN

          am I wrong in thinking that we could pay for a substantial portion of the cost via employer side payroll taxes, i.e. take the same money being given to the insurance industry? we could avoid raising taxes on individuals, which to me is the main bogeyman the Right could roll out

          0 replies 0 retweets 2 likes
        5. End of conversation
        1. MStefanoff‏ @StefanoffMonica Sep 19
          Replying to @ryangrim @DougHenwood @CillizzaCNN

          Its not snake oil, its our operational reality. The constraint isn't money, it's real resources. MMT explains this.

          0 replies 0 retweets 2 likes
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        1. DieselChadron‏ @DieselChadron Sep 19
          Replying to @ryangrim @DougHenwood @CillizzaCNN

          the limit is reached when people refuse to settle transactions with the funny money currently in circulation. recently, China and Russia reached the limit.

          0 replies 0 retweets 0 likes
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