That is what happens when you overspend for 50 years...
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Why does the nominal amount of the deficit have any direct macroeconomic implications? Is it such a bad thing that our deficit to GDP ratio is high?
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See and the work of
@StephanieKelton et. al for critical analysis of the "revenue problem"https://twitter.com/IIPP_UCL/status/1090225548914319360?s=19 …
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defense spending way more than others in G35, right?
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