Stephanie Kelton, professor of public policy and economics at Stony Brook University and economic advisor to Bernie Sanders, is a leading figure in the rising economic movement called Modern Monetary Theory (MMT).

Kelton described the debate over the national debt as a “bipartisan chorus,” since both parties in Washington agree that having such a high debt will produce dangerous economic consequences for future generations. Contrarily, she argues that deficits are necessary for economic growth.