From my (undergraduate) Economics 390 “Topics in Macro” midterm:Consider this statement: “Borrowing and spending by the public sector will crowd out investment and growth in the private sector.” Paul Ryan, “Path to Prosperity” (April 2012).
Global Economic News and Analysis
From my (undergraduate) Economics 390 “Topics in Macro” midterm:Consider this statement: “Borrowing and spending by the public sector will crowd out investment and growth in the private sector.” Paul Ryan, “Path to Prosperity” (April 2012).