The US deficit is big — but does it matter? We asked an economist

Bigger interest payments create a bigger deficit unless taxes are raised. “The problem is that when people see a big deficit, they might ask for ...

Clip GBH The US deficit is big – but does it matter? We ... - MIT News

Prof. Jonathan Gruber speaks with Boston Public Radio hosts Jim Braude and Margery Eagan to explain the US deficit and its impact on the ...

America's national debt is huge. Does it matter? - The Economist

Our weekly podcast on democracy in America. This week, we explore the broader impact of the country's dismal finances | Podcasts.

America's fiscal outlook is disastrous, but forgotten - The Economist

Today it has reached 96% of GDP. For the past five years, under first Donald Trump and then Joe Biden, the federal deficit has averaged 9% of ...

Why is the US in so much debt and does it matter? | Counting the Cost

The US is more than $34 trillion dollars in debt. That's almost equal to its entire gross domestic product (GDP). The figure is bigger than ...

Why Is the US Deficit So Big? Depends on Who You Ask - Reddit

20 trillion is from tax cuts for the rich. An unfunded “tax cut” is a mandatory loan with interest- and the wealthy (my class) wants your class ...

Stephanie Kelton: The big myth of government deficits | TED Talk

Government deficits have gotten a bad rap, says economist Stephanie Kelton. In this groundbreaking talk, she makes the case to stop looking ...

Should We Worry about the Trillion-Dollar Deficit? - Yale Insights

We asked William English, a professor in the practice of finance and a former economist at the Federal Reserve, how the deficit and the ...

Stephanie Kelton: The big myth of government deficits | TED

... but rather as a financial contribution to the things that matter -- like health care, education, infrastructure and beyond. "We have the ...

Opinion | Why You Shouldn't Obsess About the National Debt

America, with its huge economy and relatively low taxes, isn't facing a fundamental problem of fiscal sustainability. Given the political will, ...

Why the national debt can both help and hurt the US economy - CNBC

Every year since 2001, the U.S. government has spent more money than it takes in, which means it has to borrow money to make up for the ...

Do Deficits Matter? by Daniel Shaviro

Few topics in American politics are more discussed and less understood than the federal budget deficit. We frequently hear that deficit reduction is vital ...

Dick Chaney once said, "deficits don't matter." Is he right? - Reddit

What matters is debt to GDP, not deficits, really. Deficits don't pose risk to economic health so long as debt grows slower than GDP.

How Worried Should You Be About The U.S. Debt And Deficit?

High debt levels and wide deficits could increase borrowing costs. As the federal deficit grows, so does the need to issue Treasury securities.

When Does Federal Debt Reach Unsustainable Levels?

... debt dynamics would “unravel” and become unsustainable much sooner ... and help us understand how you use it. OK. Penn Wharton Budget Model.

IOUs from the Edge: Should We Worry about the Budget Deficit?

When the economy is growing, tax receipts tend to rise faster than government spending, and the deficit declines as a percent of gross domestic product (GDP); ...

Does deficit spending by the federal government have more good or ...

Since then it's been an accepted part of life that deficit spending by the federal government has more good than ill effects. Sometimes I think ...

The national debt is big and getting bigger. Does it matter?

That fact would worry any deficit hawk, but the exigency of the pandemic has led many of them to conclude that more federal spending is a ...

The Deficit Myth - Milken Institute Review

If you think Modern Monetary Theory is a rationale for ignoring federal budget deficits and spending whatever's necessary to fund an ...

America's reckless borrowing is a danger to its economy—and the ...

The deficit has not been below 3% of GDP, an old measure of sound fiscal management, since 2015, and next year Uncle Sam's net debts will ...