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Flat White

Why are we borrowing from Build Back Better?

25 November 2021

4:00 AM

25 November 2021

4:00 AM

Seventeen Nobel winning American economists have said that the Biden Administration’s $1.7 trillion “Build Back Better” program, will increase growth without inflation. They include well-known names like George Akerlof – husband of US Treasury Secretary Janet Yellen – Daniel Kahneman, Robert Shiller, Robert Solow and Joseph Stiglitz. Other US based Nobel economists, of which there are 27, (incongruously, including the left-wing Paul Krugman) did not sign the petition.

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