Summary:
US government spending is high historically but questionably targeted. Uncertainty reigns in the private sector and firm spending is not taking up slack, as a result of the stubborn pandemic.Bill Mitchell – billy blog[Australian] Federal government cutting spending as payroll data shows employment still in declineBill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia
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US government spending is high historically but questionably targeted. Uncertainty reigns in the private sector and firm spending is not taking up slack, as a result of the stubborn pandemic.Bill Mitchell – billy blog[Australian] Federal government cutting spending as payroll data shows employment still in declineBill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia
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Mike Norman considers the following as important:
This could be interesting, too:
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Bill Mitchell – billy blog
[Australian] Federal government cutting spending as payroll data shows employment still in decline
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia