Kelton Shouldn’t Have Ceded This Point To Noah

(Re: Just When Should We Start Worrying About Deficits?) Kelton: "Deficits...can be too big." Why did Kelton so easily cede this point to Noah? "Deficits" (tax:savings ratio) do not realistically matter unless a government were to make insane fiscal policy choices. She lets Noah frame the discussion in a neoliberal fantasyland and thus loses the … Continue reading Kelton Shouldn’t Have Ceded This Point To Noah