Megan McArdle

speaker
6 appearances 2 recordings 1 series first heard Apr 2013 last heard May 2013

Megan McArdle’s voice in public audio — every appearance, attributed to the second.

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There is other research showing that you can have these slowdowns when you get to high levels of debt.
And I think that the way that this 190% figure got wrapped into some sort of scientific proof of people's prior beliefs about taxation and spending and government debt is sort of unfortunate because it's now obscured what remains a very live debate about how fast we should be cutting, how far we need to get our debt down.
and how much all of this matters.
There is other research showing that you can have these slowdowns when you get to high levels of debt.
And I think that the way that this 190% figure got wrapped into some sort of scientific proof of people's
prior beliefs about taxation and spending and government debt is sort of unfortunate because it's now obscured what remains a very live debate about how fast we should be cutting, how far we need to get our debt down, and how much all of this matters.
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