Friday, July 3, 2020

A top economist says the $4 trillion federal deficit isn't the problem — it's how we're spending the money — Paul Constant interviews Stephanie Kelton

A budget is a values statement.
Business Insider
A top economist says the $4 trillion federal deficit isn't the problem — it's how we're spending the money
Paul Constant interviews Stephanie Kelton

4 comments:

Matt Franko said...

“ when the government has a deficit that means that money is being spent in the economy”

There is still government spending even under zero deficit or fiscal surplus....

S400 said...

Mister obvious is at it again.

Matt Franko said...

Well then the MMT people are real morons and can’t even fathom the obvious...

S400 said...

More correct it’s you who couldn’t fathom the obvious here. So you stated something everyone already understood.