Basically, @IMFNews argues gov tightening belts can work if global econ is humming along & focus on cutting expenses not raising taxes. But “because fiscal consolidation tends to slow GDP, average fiscal consolidation has zero effect on debt/gdp @RobinWigg
ft.com/content/e1738a…
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…