On April 28, 2010, the Peter G. Peterson Foundation is sponsoring a “Fiscal Summit” in Washington DC. This sham summit will discuss among other things how to destroy Social Security, how to destroy medicare and how to use fiscal policy (government spending and taxing) to further increase income inequality in U.S.
But in old school fashion letsgetitdone proposed a teach-in – a counter-conference. The purpose of the teach-in or counter-conference is to add a progressive voice to the debate of fiscal sustainability and to expose people to a new economic paradigm of Modern Monetary Theory and its implications for fiscal policy, Full Employment and fiscal sustainability. Let me just say mainstream economics and Wall Street hate it.
The Fiscal Sustainability Teach-in will be held on April 28, 2010 in DC at The George Washington University from 8:30am to 5:00pm. This is a FREE event and open to the public. Right on!
For further updates please go here – the event’s homepage.
I know things are tough and many people are short on cash but if you can spare a few, and think this is a worthy effort and since its hard to get grant funding on such short notice – there is a funding request.
For more information on Modern Monetary Theory I strongly encourage people to read the following blogs:
New Economic Perspective from Kansas City and Beyond