COVID-19 and Public Debt: Do We Need to Balance the Books?
During the COVID-19 crisis, governments worldwide are supporting businesses, protecting incomes, and saving lives by borrowing huge sums and increasing public debt. In the latest installment of CoronaNomics, PS contributor Robert Skidelsky and Paul Johnson of the Institute for Fiscal Studies join The Independent's Ben Chu and The Telegraph's Lizzy Burden to discuss the form and timing of the inevitable corrections to current public debt levels.
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