#Deficits

Kenneth Rockwood

Krockdoc

Great question; requires some detail. People accumulate deficits across their lives. In young people, many disabilities are “single system” eg spinal cord injury, trauma, cancer +/- chemo. There are many

Brian Matlock for Kansas

KansasBrian

Kobach challenged me on #deficits & the economy in last night's Linn County candidate forum. Here are the receipts: Clinton ran a budget surplus, private debt increased,and a recession from

Paul Krugman

paulkrugman

Can we get real here? There's no evidence that the GOP base cares about deficits or excess spending per se. The Tea Party wasn't a rebellion against deficits — it

Subhojit Roy

Roy_Lab_Thinks

One of the biggest mistakes funding agencies make is to prioritize projects that can "lead to a therapy", without first investing in ideas that look at the basic biology. In

Paul Boothe

pmboothe

People sometimes send me questions about gov’t debt - do we need to worry about it if we “never pay it back” and “interest rates are really low”. This is

Patrick Skinner

SkinnerPm

Next year there will be a noisy ripple of public people and officials saying they opposed Trump’s racist/dumb/insane policies all along. But just a ripple. The rest will be quiet,

Jo Michell

JoMicheII

There's an interesting tension in MMT-style advocacy of big deficits alongside price controls to constrain corporate profits. A government deficit must be matched by a surplus in the private domestic

David Andolfatto

dandolfa

If deficits run unabated as demand for UST debt stabilizes, result must eventually be inflation. Interest rate policy may bring inflation down temporarily (via recession), but would be powerless in

Skanda Amarnath ( Neoliberal Sellout )

IrvingSwisher

Does Nikki Haley not know what we're doing for businesses right now? Sounds like she's also against PPP.If your answer in recessions is "you should have saved more!" you fundamentally

Patricia Cohen

PatcohenNYT

Trump’s most enduring economic legacy may not rest in the numbers, but in how he has shifted the conversation around the economy.https://www.nytimes.com/2020/10/24/business/economy/trump-economy-manufacturing.html?smid=tw-share No matter

Sri Thiruvadanthai

teasri

Earlier today is disparaged the "where will the government find the money" question. The pushback I got is that it does not really mean money is literally the constraint. Also,

Congress

INCIndia

The BJP govt. believes Modinomics has outperformed all previous govt's, however, facts are clear. UPA II 2009-10, GDP growth at 8.84%, NDA II 2017-18 at 6.7% #10YearChallenge #Budget2019 #AakhriJumlaBudget FM

Stephanie Kelton

StephanieKelton

THREADI don’t know who needs to hear this, but the federal government’s fiscal capacity is robust *across* time. State & local government budgets, on-the-other-hand, are necessarily pro-cyclical. 1/5 That’s because

Chris Turner

TrainedByTurner

Wanna know why someone eating a 1200 calorie diet isn’t losing weight ?The majority will say well they aren’t really eating 1200 calories. They probably aren’t tracking everything. This could

Brian Riedl 🧀

Brian_Riedl

Chartstorm: Today, CBO new released the new 30-year budget baseline. This rosy scenario assumes the 2017 tax cuts expire, no new tax/spending legislation, and low interest rates. Spending soars to

Sanjeev Sanyal

sanjeevsanyal

Every few years, we hear predictions of the imminent demise of the US$ as the world's anchor currency. Here is my paper from 2011 on this issue and why anchor