Skip to content

Ha-Joon Chang: It\’s the way he tells \’em

The victory of the Republican anti-government ideology over a weakened Barack Obama has locked the US into the prison of fiscal rectitude.
…..
The budget deficit of the zone is only about 6% of its GDP, as against the 10-11% of the US and Britain.

A budget deficit of 10-11% of GDP is being locked into the prison of fiscal rectitude now, is it?

1 thought on “Ha-Joon Chang: It\’s the way he tells \’em”

Leave a Reply

Your email address will not be published. Required fields are marked *