The Jefferson Tree - A platform for open debate and discussion of current events and political issues.

Gain recognition for your opinions and increase traffic to your blog...

Get Syndicated Today...

Article real-time statistics…

  • 410Articles read today:
  • 329Articles read yesterday:
  • 2819Articles read last week:
  • 198197Total reads:

Wise words to live by...

“The two enemies of the people are criminals and government, so let us tie the second down with the chains of the Constitution so the second will not become the legalized version of the first.” Thomas Jefferson

Wise words to live by...

“We are sensible of the duty and expediency of submitting our opinions to the will of the majority, and can wait with patience till they get right if they happen to be at any time wrong.” Thomas Jefferson

Copyright infringement…

All materials and articles on this site are protected by copyright per the original author or blog owner and published with their consent. Any re-blogging or re-publication of this content without the authors permission is illegal and subject to liability and criminal prosecution.
«  
  »
Ralph Musgrave - Ralphanomics

Has syndicated 375 articles on The Blog Farm.

Trouble ahead for Sweden? It’s aiming for a balanced budget.

June 20, 2011, 3:49 am + 8

Looks like Sweden is aiming for a balanced budget (hat tip to Marc Robinson).

As I’ve pointed out more than once on this blog, any country which aims for inflation of around 2% will need to run a significant deficit just to prevent its monetary base and national debt declining relative to GDP at 2% a year. If it doesn’t have that deficit, private sector saving desires may not be met, which may mean paradox of thrift unemployment.

This article is copyright protected and may not be republished without permission.

Visit the authors site or share this article with your friends. Thanks!

    avatar

    Ralph Musgrave - Ralphanomics

    COMMENTARIES (SOME OF THEM CHEEKY OR PROVOCATIVE) ON ECONOMIC TOPICS BY RALPH MUSGRAVE, DURHAM, UK. THIS SITE IS DEDICATED TO ABBA LERNER. I DISAGREE WITH SEVERAL CLAIMS MADE BY LERNER, AND MADE BY HIS INTELLECTUAL DESCENDANTS, THAT IS ADVOCATES OF MODERN MONETARY THEORY (MMT). BUT I REGARD MMT ON BALANCE AS BEING A BREATH OF FRESH AIR FOR ECONOMICS.

    More Posts - Website

    Related posts:

    1. Can A Balanced Budget Be Forced? Posted By John Liming My Opinion And Other Stuff...
    2. The Peterson Foundation thinks foreigners fund the budget deficit – tee hee. When a government collects insufficient tax, it borrows instead, and...
    3. Conservatism Has Trouble Admitting Errors Sometimes! All things in Life are probably relative as the...
    4. Much Darker Days May Lie Ahead For Americans! I remember the time not so long ago when...
    5. Misplaced Budget Blame? Conservatives Complain About Being Wrongly Blamed For U.S. Fiscal...
    6. HOW TO BUDGET LIKE A CONSERVATIVE House Republicans have announced their 2012 Budget for America...

    .

    Publication Information: Ralph Musgrave - Ralphanomics has syndicated 375 articles. This article was published on June 20th, 2011 has been read 8 times.

    Leave a Reply

     

     

     

    You can use these HTML tags

    <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

    CAPTCHA Image
    *