And thank you again for engaging with me. Honestly I’m not too interested in talking more about the subject, since I’m good on economic theory for another two years. But as a parting note, do you think it’s appropriate to encourage the belief that “national debt is bad" during a recession?

To me, it seems that acting upon those beliefs is likely to prolong the recession, thereby keeping GDP depressed anyway. And in the US we don’t have any antidebt party, we have an obstructionist tax cuts for the wealthy party that panders to people’s fears… and then everyone else. Telling people that national debt is like personal debt and will ruin their country seems more like fear mongering for political gain than solid economic policy. There’s a time and a place for that discussion, but during the worst depression in 100 years doesn’t seem like it…

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