CBO

Time for Politicians to Stop Deficit Fearmongering

October 20, 2017

The common misconception is that the government is doing something wrong when it runs a deficit, but what most people don’t understand is that there’s a matching surplus in another part of the economy, says economist Stephanie Kelton

Deficit is Dropping but is there a Real Recovery?

May 22, 2013

Bill Black: With surge in stock market, the wealthier are paying more taxes but working class wages are not rising and unemployment remains high, so this does not mean a sustained recovery of the real economy is underway