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Deficit
COVID and the Myth of the Deficit – It is being destroyed (well, for the moment)
The Covid-19 crisis has clearly demonstrated what should have been obvious already: provisioning society – whether with food, disinfecting wipes, toilet paper or medical supplies – is not a financial issue. If we can’t produce enough masks, ventilators or food, finance will not help. Society’s capacity to produce real output is what limits its ability … Continue reading
US / It is more important to maintain spending on Social Security, Medicare and programs to help the poor than to reduce the deficit pool says
Nearly seven-in-ten (69%) say it is more important to maintain current Social Security and Medicare benefits than to reduce the deficit, while 59% prioritize keeping current levels of spending for programs that help the poor and needy over deficit reduction Continue reading
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