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Government Debt

J. Bradford DeLong in Bull MarketApr 5, 20157 min read

DRAFT For “Rethinking Macroeconomics” Conference Fiscal Policy Panel

Comments, critiques, and suggestions very welcome…

Introduction

I take my assignment to discuss “fiscal policy in the medium term” to mean that I should assume a…

2 responses

Stephan JaeckelApr 4

Five Tweets About the #PanamaPapers

umair haque

1878

When governments in debt themselves and their countries, making their citizens poor, then the money has to come from somewhere. Usually “the rich” can buy and lend money because they have money and thus get richer thanks to Keynes and those who hail to his thesis although it has proven badly wrong in the past 40 years!

Ed DolanDec 2, 20153 min read

Is the Government Debt Really Out of Control?

The GOP primary has become an orgy of fear mongering, and not just about immigrants and terrorists. The candidates regularly portray the federal debt, too, as a dire threat to America’s future. But is the debt really out of control? How can we tell?