An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Friday, February 7, 2014
Jon Perr — Spending Down, Deficits Halved and Public Sector Smaller Since Obama Took Office
And this is the reason the recovery is so weak and fragile.
Can Mosler Norman or anyone make a graph showing deficit levels and shade in grey the US recessions and slow growth "almost" recessions ? Or a black line for deficit and entire board colored vertically from red/recession to yellow/slow-growth to green/high-growth instead of grey vertical bars for recessions.
This would be the definitive MMT graph for showing how government spending generates growth.
Make a green line for savings, purple for credit expansion, blue line for relative strength of dollar... etc
Can anyone Tom or Matt ask Mosler or Norman to generate?
Can Mosler Norman or anyone make a graph showing deficit levels and shade in grey the US recessions and slow growth "almost" recessions ?
ReplyDeleteOr a black line for deficit and entire board colored vertically from red/recession to yellow/slow-growth to green/high-growth instead of grey vertical bars for recessions.
This would be the definitive MMT graph for showing how government spending generates growth.
Make a green line for savings, purple for credit expansion, blue line for relative strength of dollar... etc
Can anyone Tom or Matt ask Mosler or Norman to generate?