Private sector deficit spending needs to replace fading public sector deficit spending (as benefits expire) to sustain output and employment: A small pick up here but still well below where it would have been otherwise: Tax receipts are moving up aggressively with the recovery and further supported by ‘inflation:’
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WARREN MOSLER considers the following as important: Economic Releases
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WARREN MOSLER writes Consumer sentiment, real retail sales, industrial production, wages
WARREN MOSLER writes New manufacturers orders, vehicle sales, unemployment claims, rents, oil prices
WARREN MOSLER writes Saudi price hike, private payrolls, new hires, corporate profits
WARREN MOSLER writes Pending home sales, Durable goods orders, oil rigs and production
Private sector deficit spending needs to replace fading public sector deficit spending (as benefits expire) to sustain output and employment:
A small pick up here but still well below where it would have been otherwise:
Tax receipts are moving up aggressively with the recovery and further supported by ‘inflation:’