Why is This Narrative So Powerful?
Posted in Macroeconomics on Jan 7th, 2014
Arnold Kling has this today: Larry Summers writes. [we need] policies that restore a situation where reasonable growth and reasonable interest rates can coincide. To start, this means ending the disastrous trends toward ever less government spending and employment each year The CBO wrote, By 2038, CBO projects, federal spending would increase to 26 percent […]
