Phrase by 'Peter Orszag'
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Total borrowing has imploded. Private borrowing has collapsed. And, in effect, the Treasury Department is the last borrower left standing.
Author: Peter Orszag - American EconomistLast , Left , Standing , Borrowing
Well, a deficit reflects an imbalance between spending and revenue, and so narrowing it requires acting on one, the other or both.
Author: Peter Orszag - American EconomistWell , Acting , Between , Revenue
Well, I think what we need to remember is that budget deficits can impede economic activity.
Author: Peter Orszag - American EconomistNeed , Think , Remember , Economic
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