President Trump funded a $1.5 trillion tax cut during a time of economic growth, and the market does not seem worried about this, which represents a case where the laws of arithmetic do not seem to be constraining policy in the way they should.
normativepending
Speaker
Unidentified Speaker — Larry Summers: Modern Monetary Theory is a recipe for a dis… [g6iB6QzuQ70]Evidence Quote
“president Trump funded his one and a half trillion dollar tax cut at a time of economic growth and market doesn't seem that worried about it”
Created: 8/11/2026, 1:38:23 AM
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