Friday, July 9, 2021

2021 Intergenerational Report from Australia

 Read it at: https://treasury.gov.au/publication/2021-intergenerational-report

This is a 40 year forecast for Australia.  Apparently it talks about the need to be more fiscally stable in the future by cutting spending and raising taxes, and this makes the MMTers mad, because they believe we can have a free lunch forever.  Read: http://bilbo.economicoutlook.net/blog/?p=47857

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