Up To Date

Deficit Spending Is Needed For The Foreseeable Future If Economy Is To Recover

By Steve Kraske,

Published March 17, 2021 at 4:26 PM CDT

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The American Relief Plan will invest $1.9 trillion dollars into the U.S. economy helping households and small businesses stay afloat through the pandemic.

Economist Stephanie Kelton says it's times like these that require big spending by the federal government.

Kelton wasn't at all surprised by the size of the American Relief Act nor does she think it will be the last of the government investment needed for the country to recover.

Stephanie Kelton, professor of economics, Stony Brook University and author of "Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy"

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Up To Date Podcast Stephanie Kelton economy Government Fiscal Policy Coronavirus

Steve Kraske

When I host Up To Date each morning at 9, my aim is to engage the community in conversations about the Kansas City area’s challenges, hopes and opportunities. I try to ask the questions that listeners want answered about the day’s most pressing issues and provide a place for residents to engage directly with newsmakers. Reach me at steve@kcur.org or on Twitter @stevekraske.

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Zach Wilson

As Up To Date’s senior producer, I want to pique the curiosity of Kansas Citians and help them understand the world around them. Each day, I construct conversations with our city’s most innovative visionaries and creatives, while striving to hold elected officials accountable and amplifying the voices of everyday Kansas Citians. Email me at zach@kcur.org.

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Danie Alexander

As senior producer of Up To Date, I want our listeners to hear familiar and new voices that shine light on the issues and challenges facing the myriad communities KCUR serves, and to expose our audiences to the wonderful and the creative in the Kansas City area. Just as important to me is an obligation to mentor the next generation of producers to ensure that the important conversations continue. Reach me at alexanderdk@kcur.org.

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