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Kevin Milligan

kevinmilligan.bsky.social

did:plc:oao444ddyuysxp4zukfvdzmk

Finally, here's the deficit to GDP. As a rough line, I'm pretty comfortable so long as the defict is under 2% of GDP. (We can run deficits of that size forever and still have Debt/GDP fall. Sustainable fiscal policy is about Debt/GDP.)

2024-12-16T19:14:31.960Z