We live in the Neoliberal era, and are told that the private sector must drive the economy while government gets out of the way. So what happens when we apply the economics of neoliberalism, when we erase government debt,  "balance" government spending with taxation and let the banks take care of business? 

Anne and Kev apply an MMT analaysis of neoclassical economics to find out what the result is. Spoiler: It's not pretty.