
Fiscal Deficit and Public Debt too Large?
As Britain enters a severe recession that will lead to large fiscal deficits and growing public debt, a question presents itself — when are deficits and debt too large?
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As Britain enters a severe recession that will lead to large fiscal deficits and growing public debt, a question presents itself — when are deficits and debt too large?
Far from a problem, moderate rates of price increase signal a healthy, expanding economy.
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