Commentary
Deficit spending is not a growth tool. It’s the recipe for stagnation.
The National Debt Clock at a bus stop in Washington on June 10, 2024. Madalina Vasiliu/The Epoch Times
Daniel Lacalle
Author
Daniel Lacalle, Ph.D., is chief economist at hedge fund Tressis and author of the bestselling books “Freedom or Equality” (2020), “Escape from the Central Bank Trap” (2017), “The Energy World Is Flat” (2015), and “Life in the Financial Markets.”
