What’s Different About Today’s Government Deficit and Debt?
As of today, the U.S. government’s current deficit and debt are indeed currently at unprecedented levels for peacetime—once we account for them appropriately.
Things may be relatively quiet on the D&S blog for the first week of 2009, as our busiest blogger (yours truly, D&S co-editor Chris Sturr) will be at the annual economics meetings, grandiosely named the Allied Social Sciences Association meetings (as if economists were the only social scientists!) in San Francisco.
I am excited to be flying via JetBlue; since they are in the midst of a union drive, with an election coming up soon, maybe I can give the workers some moral support.
If you are going to the ASSA meetings, stop by the ICAPE exhibit table (602(B), I think) to say hello--I will be there hawking D&S books. And stop by the panel I'll be speaking on, sponsored by the Union for Radical Political Economics. Info on the panel (note the august company I'll be in):
Happy New Year!