Is Our Economy In The Upside Down?
Ten years after the financial crisis, it's like we're in another economic dimension. The old rules don't apply. Textbooks are being thrown out the window. It's time to talk about secular stagnation.
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Something is strange with the economy.
Normally, in good times, the government seeks to balance its books a bit, borrowing less, paying off some debt or — gasp — maybe even aiming for a budget surplus. And right now, on important , economic times are good. But the government has been increasing spending cutting taxes — and the budget deficit is projected to grow to , an increase of over 35% since the was passed in 2017. Meanwhile, the Federal Reserve would normally be raising interest rates to make sure the price interest rates.
