2021年8月14日土曜日

ケルトン2021/08/14 What Joe Manchin needs to know about the deficit 赤字についてジョー・マンチン氏が知っておくべき情報

ケルトン2021/08/14
What Joe Manchin needs to know about the deficit
https://youtu.be/4-fhJDdaaRw


C:
joe manchin and others are missing a very big point that this is not spending for the sake of stimulating the economy spending it's spending on things we should actually spend so when you when you built the the highway system in america the purpose of that was not stimulating the economy it was to build a highway system so that people could get around the things that this reconciliation bill is going to address like eyeglasses and dental care for people who don't have it like the cost of college uh tuition it's it's not the same thing as stimulating the economy?
Kelton:
i agree with you completely i don't think we should be thinking about the proposed three and a half trillion dollar package as economic stimulus that's not what it's about it at all as you say it's about you know the president was referring to it early on as part of the build back better agenda this was an agenda aimed at making some really big and strategic investments in things like health care in education in elder care in infrastructure and the broad range of things that you just mentioned so i think you're exactly right this isn't about um stepping on the gas pedal and trying to juice the economy this is about taking aim at many of the real deficits. you know the deferred maintenance the things that we've long ignored in our economy and attempting to make some uh investments that boost economic well-being.
C:
so there's a there's always this uh selective concern about deficits and debt no republicans had it in 2017 when we had massive tax cuts that were supposed to result in everybody getting four thousand dollars extra whatever the case is but there there's a disregard for the millions of hungry children in this country the millions of people who can't afford a college education the millions of people who can't get their health care the way they need to. and the the long-term economic costs of that that's generational that sticks around for decades if you fail people on that front if you if you we've seen it with the child tax credit you give people a little bit of money up front who actually need the money and it immediately betters their circumstance circumstance and and therefore enriches the economy?
Kelton:
yeah i mean that's a perfect example because this is a single provision in a piece of legislation that congress passed this march and just that single provision the expansion of the child tax credit is going to lift almost half of all the kids who were living in poverty in this country out of poverty the problem is it was a temporary move and what this next piece of legislation in the three and a half trillion that's being proposed there is an effort to make that more permanent to extend it up to five years and so you know you you look at an accomplishment like that you say we just pulled almost half of all the kids living in this country out of poverty. why on earth would we let them slide back in we've demonstrated how easy it was to pull half of them out why don't we turn our attention to the other half it was pretty cheap compared to a whole bunch of other things we do .
C:
um pretty cheap i guess my question is the inflation cudgel is back and and people often use it with respect to if we have too much debt um the money will be worth less and we'll have inflation the inflation that we're seeing today is real gas prices are up 50 off uh from where they were last year none of which has anything to do with debt or or deficits?
Kelton:
that's absolutely right i mean what we're experiencing or what i've been calling growing pains we have just been through and and let's be real we're still going through it right this virus is not done with us and so we have an economy and i'm talking about a global economy that has experienced in different parts of the world at different times waves of the coronavirus that have led to shutdowns lockdowns partials shutdowns disruptions in the supply chain and the ability to produce and manufacture and ship goods and services.
and i think we have actually held up remarkably well in light of all that we've been through yes inflation is running hot it's moderating and i think we're starting to make the adjustments that are necessary to bring the economy fully back online and to bring inflation back down to more normal levels and we're seeing it already begin to happen i think we're getting there.
and i think you're right we're we're starting to see some republicans many republicans and maybe some democrats get skittish in light of uh recent inflationary pressures.
but you got to keep in mind that so much of what is in this proposed 3.5 trillion dollar spending package actually helps mitigate inflationary pressures. there's money there to build more semiconductors there's money there to help with child care so people can enter the labor market again you know so what i'm saying is that you can actually spend money and reduce inflationary pressures we shouldn't be thinking of all spending as something that necessarily pushes prices higher a lot of what we're proposing here or what's being proposed actually has the potential to build our economic capacity increase productivity and help reduce inflationary pressures.
C:
but we have this built-in reaction that when you give poor and low wealth people anything it's a giveaway that the rest of us and our grandchildren are going to be paying for [Music] you 

 

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What Joe Manchin needs to know about the deficit

 赤字についてジョー・マンチン氏が知っておくべき情報


C:
ジョー・マンチンをはじめとする人々は、非常に大きなポイントを見逃しています。これは景気刺激のための支出ではなく、実際に支出すべきものへの支出なのです。あなたがアメリカの高速道路網を建設したとき、その目的は景気刺激ではなく、この和解法案が対処しようとしている、眼鏡や歯科治療を受けられない人々のための高速道路網を建設することでした。
ケルトン
私はあなたに完全に同意します。提案されている3.5兆ドルのパッケージを経済刺激策として考えるべきではないと思います。あなたがおっしゃるように、それは全く関係のないことです。これは、医療、教育、高齢者介護、インフラなど、今おっしゃったような幅広い分野に、大規模で戦略的な投資を行うことを目的としたアジェンダでした。延期されていたメンテナンスや、長い間無視されてきた経済上の問題を解決し、経済的な幸福を高めるための投資を行おうとしているのです。
C:
共和党は2017年に大規模な減税を行い、全員が4,000ドル余分に得られることになっていましたが、何百万人もの飢えた子供たちや、大学教育を受ける余裕のない何百万人もの人々、必要な医療を受けられない何百万人もの人々を無視していました。また、長期的な経済的コストは、世代を超えて何十年にもわたって続きます。もしあなたがその面で人々を失望させてしまったら、もしあなたが、もしあなたが、子供の税額控除で見たように、実際にお金を必要としている人々に前もって少しのお金を与え、それがすぐに彼らの状況を改善し、その結果、経済を豊かにすることができますか?


ケルトン
今年の3月に議会で可決された法案の中の1つの条項ですが、この条項1つで、子供の税額控除の拡大は、国内で貧困に苦しむ子供たちの約半分を貧困から救い出すことになります。問題は、それが一時的なものだったということです。次の法案では、3.5兆円の予算の中で、この制度をより恒久的なものにして、5年まで延長することが検討されています。いったいなぜ、彼らを元の場所に戻してしまうのでしょうか。私たちは、彼らの半分を救い出すことがいかに簡単であったかを実証しましたが、残りの半分に目を向けてみませんか。


C:
私の質問は、インフレの棍棒が戻ってきたことです。人々はよく、もし借金が多すぎれば、お金の価値が下がり、インフレになるという意味で使っていますが、今日私たちが見ているインフレは、実際のガソリン価格が去年よりも50ドルも上がっています。 


ケルトン
私たちが経験していること、私が成長痛と呼んでいることは、私たちが経験してきたことであり、現実的にはまだ経験しています。
インフレ率は上昇していますが、緩やかになっています。そして、経済を完全にオンラインに戻し、インフレ率を通常のレベルに戻すために必要な調整を始めていると思います。
あなたの言うとおり、最近のインフレ圧力を考慮して、一部の共和党員、多くの共和党員、そしておそらく一部の民主党員が臆病になり始めていると思います。
しかし、この3兆5000億ドルの歳出計画の多くは、実際にはインフレ圧力を緩和するのに役立つということを覚えておく必要があります。私が言いたいのは、お金を使えば実際にインフレ圧力を下げることができるということです。すべての支出が必ずしも物価を押し上げるものだと考えるべきではありません。
C:
しかし、私たちには、貧しい人々や低所得者に何かを与えることは、残りの私たちや私たちの孫たちがその代償を払うことになるという反応があります。

www.DeepL.com/Translator(無料版)で翻訳しました。

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