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leonard4liberty
balancedbudget
8y
Rauner calls on General Assembly to pass balanced budget without new taxes
Rauner calls on General Assembly to pass balanced budget without new taxes
CHICAGO (Heartland Newsfeed) – Governor Bruce Rauner framed his legislative agenda Monday for the upcoming session of the Illinois General Assembly around two key imperatives: a truly balanced, full-year
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economicsjunkie
publicfinance
9y
How Government Budget Surpluses Cause Economic Depressions
How Government Budget Surpluses Cause Economic Depressions
In a sovereign floating fiat money system, in particular under balanced trade or a trade deficit, government deficits are the only way the private sector can accumulate net private saving. As I've argued
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