Friday, December 15, 2017

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Why now is a good time to worry about the future

There are many smart people who think that deficits are a problem, but not now. Right now, they say, we need growth. And growth, according to standard Keynesian theory, requires higher deficits today. This perspective has three problems.

That’s me at US News. Click here to see why I think the “no need to worry now” view is wrong. And if you agree with me, let your voice be heard and please vote!