Project Syndicate
September 30, 2019
HKS Authors
See citation below for complete author information.
James W. Harpel Professor of Capital Formation and Growth
Abstract
The United States has made some bad fiscal choices, in particular by cutting taxes for the rich at the peak of the business cycle. German policymakers should not make the symmetric mistake of preserving the country’s budget surplus as the economy risks sliding into recession.
Citation
Frankel, Jeffrey A. "It’s Time for German Fiscal Expansion." Project Syndicate, September 30, 2019.