News

It's fiscally irresponsible not to spend more money

Leah Downey  |  November 23, 2021

By Leah Downey, includes “… Let’s talk about fiscal responsibility. Manchin and Sinema have argued the U.S. government is spending too much. … The problem with this argument is inflation and debt are not, in fact, reasons to avoid spending. … But we don’t even need to think that hard. After all, we have experts for this. Congress has established a very powerful and well-resourced set of experts dedicated entirely to preventing runaway inflation and maintaining price stability: the U.S. Federal Reserve. Those experts have clearly said inflation is not a concern right now.”

Read the full article on: Foreign Policy

 
 
comments powered by Disqus