Our public funding only covers some of the cost of producing high-quality, balanced content. We depend on the generosity of people who believe we all should have access to accurate, fair journalism. Caring people just like you!
Balanced budgets is not a term you hear often during a pandemic. Governments worldwide of all political stripes have run massive deficits to deal with COVID-19. How concerned should we be about this ballooning debt? Or do deficits not matter anymore? And, is this a temporary change, or does it reflect a larger shift in thinking about deficits and debt? A panel, including Stephanie Kelton, author of "The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy," debates the issue.