Deficit Deception: What They Don't Want You To Know | Graham Elwood
654 views · Published 12 October 2017 · 8:47 · Indexed 26 October 2026
Channel: Graham Elwood · 2017 · News & Politics
Deficit Deception: What They Don't Want You To Know | Graham Elwood In this video, Graham Elwood examines a New York Times op-ed by Stephanie Kelton on modern monetary theory. Graham exposes how politicians weaponize budget deficits to gut social programs while funding corporate priorities. He explains how government spending actually operates and why funding public needs is a political choice. ============================================================ ▶️ Subscribe: https://www.youtube.com/@GrahamElwoodOfficial?sub_confirmation=1 ============================================================ 🧊 See the Full Uncensored Investigation Here: Patreon: https://www.patreon.com/grahamelwood Rokfin: https://rokfin.com/grahamelwood 📺 New Comedy Special "Manifest It" on Apple TV: https://tv.apple.com/us/movie/graham-elwood-manifest-it/umc.cmc.65wuzkrazdqspd2pu240x5chp 🤝 Support the Channel (We are demonetized!): 💳 Donate: https://www.grahamelwood.com/#support 💸 Venmo: https://venmo.com/graham-elwood 👑 Join YouTube Members: https://www.youtube.com/channel/UCX1rle36wIlP9ry8uidnCsA/join 👕 Merch: https://www.grahamelwood.com/shop/ 🪙 Crypto Support & Affiliates: 🟠 BTC: qzx00qv3cz8xur9ujyewgda3hnc03perpqp2rz7043 🔑 BTC (Alt): 3BWaUfZ3M57KaoWVpxpbKmMEyy9Ybw8vQV 🔷 ETH: 0xD970059f6c57B4f707E778Ba19d6586039b0BD0F 🦢 SwanBitcoin: SwanBitcoin.com/grahamelwood (We both get $10.) 💳 Crypto.com: https://referral.crypto.com/signup?_branch_match_id=766078563177305504 (We both get $25.) ============================================================ 📱 Connect & Listen: 🌐 Website: http://www.grahamelwood.com 📘 Facebook: https://www.facebook.com/GrahamElwoodComedy/ 📸 Instagram: https://www.instagram.com/grahamelwood 🐦 X/Twitter: https://x.com/grahamelwood 🎤 Live Tour Tickets: www.grahamelwood.com 🎧 Podcast: www.grahamelwood.com/#podcasts ============================================================ 📚 Sources & Further Reading: 1. The New York Times - Stephanie Kelton on Modern Monetary Theory and Deficit Deception: https://www.nytimes.com/ 2. Levy Economics Institute - Modern Monetary Theory Research & Publications: https://www.levyinstitute.org/ 3. Congressional Budget Office (CBO) - Federal Budget Projections & Fiscal Policy: https://www.cbo.gov/ ========================================== ✉️ For Sponsorships, Promotions, or Business Enquiries: [email protected] ========================================== In this video I discuss the following: ✅ Stephanie Kelton’s New York Times op-ed on modern monetary theory and budget deficits ✅ Debunking the myth that federal budgets operate like household credit cards ✅ How government spending injects money into the economy while taxes withdraw it ✅ Paul Ryan and establishment politicians using deficit hysteria to gut Social Security and Medicare ✅ Reevaluating national debt: recognizing inflation, not bankruptcy, as the real economic limit ✅ Funding public infrastructure, Medicare for All, and progressive social programs through political will ⏳ Timestamps: 00:00 - Introduction & Stephanie Kelton’s New York Times Op-Ed 01:10 - Trump Tax Cuts, Deficit Projections & The Myth of National Bankruptcy 03:20 - Modern Monetary Theory: How Government Spending Churns the Economy 05:30 - Paul Ryan's Deficit Deception & Weaponizing National Debt Fears 07:10 - Shifting Priorities: Funding Healthcare, Infrastructure & Wrap-Up ============================================================ ⚖️ Copyright Disclaimer: This channel may use some copyrighted materials without specific authorization of the owner, but the contents used here fall under “fair use." Under the Copyright Disclaimer under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational, or personal use tips the balance in favor of fair use. If you have any issue, problem, or query, feel free to mail us. ============================================================ 🛑 Anti-Piracy Warning: This content is copyrighted to Graham Elwood. Any unauthorized reproduction, redistribution, or re-upload of this material is strictly prohibited. Legal action will be taken against those who violate the copyright of the following material presented. #GrahamElwood #StephanieKelton #ModernMonetaryTheory #DeficitDeception #PoliticalVigilante
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