Through the Looking Glass: The Reverse World of the Pandemic Economy
The Fed is not in the business of monetizing our government’s debt but is skating close to the edge, which has upped the risk of a misstep.
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The Fed is not in the business of monetizing our government’s debt but is skating close to the edge, which has upped the risk of a misstep.
The answer to how to address the multitude of challenges and their disproportionate impact is to pay for it — set priorities and ensure there is revenue to meet those priorities — not through smoke and mirrors or budget gimmicks.
https://www.pgpf.org/expert-views/americas-fiscal-and-economic-outlook/debt-matters
A new fiscal agenda structured in a prudent way that induces strong economic growth, increases revenues, and protects low- and middle-income Americans is what will bring stability to the long-term budget outlook.
https://www.pgpf.org/expert-views/americas-fiscal-and-economic-outlook/a-path-to-economic-prosperity
10 New Papers and Upcoming Virtual Event Highlight Policy Solutions on Economic Recovery and Rising Debt as America Emerges from Pandemic
The Federal Reserve owns nearly one-third of domestically held debt.
https://www.pgpf.org/chart-archive/0312_domestic_debt_holders
“This record level of voter concern about our national debt reinforces the urgent need for fiscal responsibility and should encourage lawmakers to fulfill their promise to fully fund new programs,” said Michael A. Peterson, CEO of the Peterson Foundation.
https://www.pgpf.org/press-release/2021/10/fci-press-release
Income growth since 1979 is larger for high-income earners, even when including transfers and taxes.
https://www.pgpf.org/chart-archive/0059_income-growth-disparity
Between 1979 and 2016, income increased more quickly for high-income earners.
https://www.pgpf.org/chart-archive/0060_income-disparity-before-transfers-taxes
The population of the United States is aging rapidly. Soon we will be a nation of Floridas.