Deficits and Priorities
The discussion highlights the complex relationship between government budgets and political choices, emphasizing that deficits are not merely mathematical issues but reflections of societal priorities. Both Tracy and Joe express their discomfort with the notion that deficits don’t matter, suggesting a deeper examination of fiscal responsibility is necessary. They also draw intriguing parallels between New York's historical role as a center for radicalism and its current political perception, urging listeners to consider the interconnectedness of fiscal policies and social movements.In this clip
From this podcast
Odd Lots
The NYC Fiscal Crisis Of The 1970s Has Some Important Lessons For Today
Related Questions
What role does money play in politics as discussed in the episode Stunning New Revelations About What's Ahead (Ep 1049) and the clip Principles of Spending?
What role does money play in politics as discussed in the episode Stunning New Revelations About Whats Ahead (Ep 1049) and the clip Principles of Spending?
Can fiscal policy overcome economic challenges as discussed in the episode Why It's A Big Problem That Economists Still Don't Understand Money and the clip Central Banks' Role?