Mehdi: “Are you as worried as I am that the Biden-Yellen admin is going to do the whole ‘we need to worry about deficits’ thing again?” @AnandWrites: “We need to balance the budget as the 8 millionth priority, right now, & I don’t even know what the other 7.999 million are”

Nov 25, 2020 · 2:44 AM UTC

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Replying to @MehdiHasanShow @mehdirhasan @AnandWrites
No. Balancing the budget is never a goal in itself - even as an 8 millionth priority. Unless you can provide a specific reason to do so, usually excessive inflation, it should not be a concern at all. A budget deficit is appropriate at all other times.
Replying to @MehdiHasanShow @mehdirhasan @AnandWrites
yeaaaah im gonna go ahead and guess they *arent* going to do that considering they are literally backing a 3 Trillion dollar Stimulus plan, a massive infrastructure plan, and a climate change fight plan...
Replying to @MehdiHasanShow @AnandWrites
It’s the Biden-Harris administration, sweetie. 🙄
Replying to @MehdiHasanShow @mehdirhasan @AnandWrites
The idea that Yellen is going to be pro-austerity is so ridiculous that I don't know where to start.
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Replying to @MehdiHasanShow @AnandWrites
I absolutely adore these two men and their intellect 🔥