This is part of our economists roundtable on the corona crisis. Recent Headlines from The Financial Times: U.S. taps market for stimulus funds at historically low rates (April 3) How central banks beat back the ‘bond vigilantes’; unlimited bond buying has made it near impossible for investors to punish overspending (March 31) Fed sets up scheme […]
deficit
Posted inPolitics
Austerity Pete
Buttigieg settles on deficit hawkery as a closing argument in New Hampshire. It’s hard to think of a school of political thought with less credibility and less popularity.
Posted inMoney, Politics, and Power
Republicans Proved Deficits Don’t Matter
They aren’t a problem politically, and they benefit the country economically. But Republicans only admit this when one of their own is in the White House.
Posted inMoney, Politics, and Power
How Trump Stole the Dems’ Clothes on Deficits and Trade
The culprit: an alliance between two centrist Democratic presidents with Wall Street and neoliberal ideology.
Posted inMoney, Politics, and Power
The Deficit Hawks Have It Wrong
The problem is not the deficit, but that Trump’s deficit finances the wrong things—billionaires rather than bridges, tunnels, and schools.