#Deficit

ValueStockGeek

ValueStockGeek

When I was 10 years old in 1992, I was worried that America's fiscal deficit was going to destroy the country after watching Ross Perot's charts on live TV.Investing based

Cllr. Dan Boyle

sendboyle

Tha A Word is featuring strongly in the debate on whether or not The Green Party should enter government. Those advocating a No vote see austerity as a given, if

Patricia

PatriciaNPino

Why conceding the ‘scarce money’ narrative just to tax the rich is a bad idea. They hit back with this“If we tax those investments we end up with less produced,

Steven Hail

StevenHailAus

This is the order in which I would do MMT. Start with the NYT bestseller The Deficit Myth by Stephanie Kelton. One of the best popular economics books ever written.

Michael Pettis

michaelxpettis

1/14This very good article illustrates just how much confusion there is in understanding the accounting identities that describe the balance of payments. When a country saves more than it invests,

Chocks

chockshandle

Glimpse on 2021 Union Budget ProposalsExpenditure = 34,83,236 CroreReceipt = 19,76,424 Crore Revenue Deficit = Revenue Expenditure - Revenue Receipt = 29,29,000 - 17,88,424 = 11,40,576Fiscal Deficit = Total Expenditure

Jason Furman

jasonfurman

Historically rules/institutional frameworks for monetary and fiscal policy were motivated by the concern that politicians were BIASED towards too much deficit increase, inflation, living for the moment, etc. Certainly some

Mike Azar

AzarsTweets

1/ The Leb financial crisis in one chart. We tend to focus on the blue bar (how the $ were spent to maintain the peg), but that misses half the

Stephanie Kelton

StephanieKelton

I promise to stop when the battle is won. Until then, here’s another attempt to improve understanding and shift our broken thinking about government “deficits.”THREAD First, the word deficit. It’s

Zach Carter

zachdcarter

It's a mistake to think about Keynes primarily as a deficit therapist, but this is just a ridiculous mangling of his words and ideas. This is not what "in the

Ritu Bhandari

RituNMRK

Reading the budget for intent and not just for the measures that it talks about, this is a reformist budget, in context of the structural reforms already undertaken by the

Steve Sayers 🏴󠁧󠁢󠁳󠁣󠁴󠁿in🇬🇧=👍🏼 #Scexit👎🏼

SteveSayersOne

Apparently charts can 2 be hard 2 grasp (seem clear 2 me, zoom in). Simply put Scotland has a significant deficit 3x the UK’s (which includes us). We spend on

Kevin Yamamura

kyamamura

It's Budget Day in California. 11 a.m. release. It turned out to be a smart decision by @GavinNewsom and his team to roll out major pieces in advance given how

(((Frances *Cassandra* Coppola)))🕷️

Frances_Coppola

For balance of payments obsessives. Here are two scenarios.1) trade surplus £1bn, total exports £50bn, total imports £49bn2) trade deficit £10bn, total exports £140bn, total imports £150bnWhich is better? Here's

PTI Achievements

PTI_Achievement

Thread on External Debts -- First 9 QTRs of PTI against last 9 QTRs of PMLN: (Source: SBP)From Mar 2016 to June 2018 during PMLN tenure, net external debts increased

A New Radical Centrism

a_centrism

1/ I'll respectfully disagree. While blacks commit homicide at a rate 7 times (or more) the rate of whites, this is not the most suppressed relevant fact.Of the most relevance

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