As usual, if you’re looking for only the hottest of takes that often turn out to be completely wrong, there’s no better place to turn than the Twitter feed of The New York Times’ Paul Krugman. Today’s lesson from the Nobel Laureate economist is on national debt:
Repeat after me: debt is money we owe to ourselves. It doesn't make the nation as a whole poorer. https://t.co/yyAkexUV0N
— Paul Krugman (@paulkrugman) May 22, 2020