This is the largest nominal deficit since 2009 and the largest as a percentage of GDP since 2012.
The MMT gods should be cheering this. They're not. Weird.
Showing posts with label economic boom. Show all posts
Showing posts with label economic boom. Show all posts
Sunday, September 9, 2018
Deficit balloons to $980 bln. Where are all the MMT gods cheering this??
A giant end-of-month spending spree in August has ballooned the Federal defiicit to $980 bln and 4.8% of GDP.
This is the largest nominal deficit since 2009 and the largest as a percentage of GDP since 2012.
The MMT gods should be cheering this. They're not. Weird.
This is the largest nominal deficit since 2009 and the largest as a percentage of GDP since 2012.
The MMT gods should be cheering this. They're not. Weird.
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