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Claims about debt and productivity growth
marginalrevolution.com/marginalrevolution/2025/06/claims-about-debt-and-productivity-growth.htmlTo stabilize the debt-to-GDP ratio through productivity growth, we’d need to grow at an unrealistically fast rate. If productivity growth was 0.5 percentage point per year faster than CBO expects throughout the next three decades, then the ratio of debt-to-GDP would be stabilized. These…
This story appeared on marginalrevolution.com, 2025-06-06 04:38:08.