Social Security Trustees Report puts present value of US GDP over infinite future as $3.8 quadrillion v. U.S. federal debt c. $21.2 trillion
-> debt may be 100% of 2020 GDP
but 0.5 % of infinite horizon GDP.
One for your xmas dinner conversation 🙂
piie.com/system/files/d… https://t.co/fcEKhG7eWU
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…