Summary of Stephanie Kelton's The Deficit Myth

Excerpt From Summary of Stephanie Kelton's The Deficit Myth



#1



The government is not always the cause of the country’s fiscal problems. In many cases, it is the government itself that is causing the problem.



#2



The author has a difficult time believing that the solution to all of our country’s problems is to simply spend more money. While there are no financial constraints on the federal budget, there are real constraints in place, such as inflationary pressures and available productive resources.