Heterodox
A giant end-of-month spending spree in August has ballooned the Federal defiicit to $980 bln and 4.8% of GDP.This is the largest nominal deficit since 2009 and the largest as a percentage of GDP since 2012.The MMT gods should be cheering this. They're not. Weird.
Read More »Deficit balloons to $980 bln. Where are all the MMT gods cheering this??
