Macro N Cheese

Tschaff Reisberg is not only an early proponent of MMT, but is also a union representative with extensive experience in real-world struggles between workers and employers. His story - and that of the flight attendants union - is instructional for anyone fighting for fundamental change. Prior to the COVID-19 pandemic, the airline industry was booming. Flight attendants’ jobs were secure, with expectations of growth and more hiring. When the virus hit, the entire industry shut down. They lost 95% of their passengers. Like many industries during the crisis, there were talks of bankruptcy and furloughs. Tschaff and Steve discuss the impact of the virus on the working class as a whole. When people lose their jobs, they stop spending; when they stop spending, others lose their jobs and it snowballs across the country, as we’ve seen in the record-breaking unemployment figures. In past financial crises, government bailouts served to enrich corporate CEOs and shareholders, while allowing the working class to suffer