Question: A reporter in 2012 paraphrased the view of Nobel Laureate
A reporter in 2012 paraphrased the view of Nobel Laureate Paul Krugman saying, “ In order to avoid a full- on depression, the U. S. government needs to ignore the size of the deficit and start spending to stimulate the economy” [Weisenthal, 2012]. Under what conditions is it sensible to use a deficit to finance government spending?
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