John T. Harvey — Four Reasons You Should Consider Washington's Deficit As Your Surplus

I could hear Meet the Press on in the background at my house on Sunday and the reporters were discussing various means of reducing the budget deficit. I didn’t bother to sit down and listen, however, because I knew that none of it made any sense. All were based on the same false premise: federal government deficits represent a burden on the private sector.

They do not.

Forbes
Four Reasons You Should Consider Washington's Deficit As Your Surplus
John T. Harvey | Professor of Economics at Texas Christian University