Discover and read the best of Twitter Threads about #sase2022

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@IsabellaMWeber @StephanieKelton @MegJacobs100 @washingtonpost A lot to lose if there is no recession.Very powerful people who have made mountains of money betting for 40 years on short term growth & rentership,who won't give up gold mine of a fossil fuel economy without a fight--creation of an illiberal democracy or waging a (hot) civil war
@IsabellaMWeber @StephanieKelton @MegJacobs100 @washingtonpost U.S.
The climate spending ($369bn), part of a broader bill ... “has the potential to be a historic turning point”
...
A Republican senator, Lindsey Graham “a massive tax increase in the name of climate change when our economy is in a *recession*."
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theguardian.com/environment/20…
@IsabellaMWeber @StephanieKelton @MegJacobs100 @washingtonpost "The Guardians of Capitalism [fossil fuels - 2020s]

Similar drivers of austerity in 1920s & today

A technocratic consensus by economists/financial elites that citizens & state have lived beyond their means, & is to make budget cuts..& rise interest rates.

#Austerity #Fascism
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