Increased government borrowing generally draws money away from or crowds out private investment and productive capital, leading to a smaller stock of capital and lower output in the long run that would otherwise be the case.
Lankford discusses the negative impact of government borrowing on private investment and economic output.
Share
More from James Lankford
We must take government shutdowns off the table and force Congress to stay in town until its work is done.
On May 6th, 2020 you wrote, at that time, ‘I had a conversation with Robert Redfield’... ‘This is terrible and needs to be addressed, since on that basis alone there would be far, far more excess deaths from measles among children than…
We’re faced with nothing less than a crisis, and we need collective action.
This report shows the dark reality for Jewish Americans: antisemitic attacks make up more than 62 percent of religiously-motivated hate crimes in the United States, more than double all other kinds of religiously-motivated hate crimes…
Other voices in this conversation
