Global Perspectives: Maya MacGuineas on Stabilizing the Federal Debt

Mark Wynne

Dallas Fed Economics from Federal Reserve Bank of Dallas

Abstract: A good measure of a nation’s ability to repay its obligations is the ratio of the stock of indebtedness to the flow of output produced in a given year. In recent years, this ratio has increased for the U.S. government, raising new questions about how the nation manages a debt burden that is approaching an all-time high.

Keywords: Public; Finance (search for similar items in EconPapers)
Date: 2019-02-07
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Persistent link: https://EconPapers.repec.org/RePEc:fip:d00001:89355

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