Question: Fiscal policy cannot cure all ills. Sometimes: X. The economy needs a long-run boost. Y. The problem isnt low AD, but low LRA growth. Z.

Fiscal policy cannot cure all ills. Sometimes:
X. The economy needs a long-run boost.
Y. The problem isn’t low AD, but low LRA growth.
Z. Almost all machines and workers are employed; they’re just not very productive:

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