Does Government Debt Burden Our Grandkids?

By |2014-01-23T19:10:09-06:00November 15th, 2012|Categories: Economics, Political Economy|Tags: |

In late 2011 and early 2012, there was a fierce debate among several prominent economists on the possible ways in which government deficits today could impose a burden on future generations. Specifically, Keynesian economists Dean Baker and Paul Krugman were arguing that right-wing concerns over the debt burden were nonsensical, because (for the most part) [...]