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How much does the national debt actually matter? A thread from our upcoming debaters –– with @ibmwatson @bloombergtv https://smarturl.it/WatsonSubmission
"To lift America out of its current economic crisis, Congress does not need to 'find the money,' as many say, in order to spend more. It just needs to find the votes and the political will." –– @StephanieKelton argues deficits aren't so harmful, after all. https://nyti.ms/2GTASdK
"Anyone who says this new public debt must be repaid later with more cuts to basic services and social insurance is obviously a fool. We’re in this debacle because we listened to such people for far too long." – Economist James K. Galbraith https://bit.ly/36spY7v
"The U.S. today not only looks ill, but dead broke. [...] Assuming that America eventually defeats Covid-19, how will it avoid the approaching fiscal cliff and national bankruptcy?" – @EconTodd https://bit.ly/3pqR1ZQ
