NOTE : this is a very simplistic thought experiment, as determining recessions are usually much more multidimensional , nuanced affairs. Its also debatable whether deficits do indeed artificially prop up the economy or not, or even if they are bad or not. There are also potential multiplier effects with budget deficits that are not taken […]
Archive | April 26, 2024
What if we adjusted U.S GDP to account for record “war-time” budget deficits?
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