CBS News left viewers poorly informed on the nation’s economic state after featuring a professor who referred to the national debt as “savings.”
On Monday, CBS Morning Plus had on Stephanie Kelton, a leftist Stony Brook University professor and former Democrat Senate Budget Committee chief economist, whom co-host Adriana Diaz described as a “certified, bona fide person.” Co-host Tony Dokoupil admitted that the national debt was a topic he had “never ever ever really understood.”
Unfortunately, Dokoupil’s knowledge of the national debt peaked immediately before Kelton began speaking. Kelton not only told their audience not to worry about the $35 trillion national debt, but even cast the debt in positive terms. Kelton referred to the debt as “savings” and yearly deficits as “surpluses” for Americans, all the while absurdly minimizing…
