Feb 5, 2010

Fiscal Deficits - View and counter view and others

Here are 2 articles about fiscal deficit. They take different views but they are being said in different contexts and are meant for different kind of economies.

Business Standard about India's budget

Paul Krugman in NYTimes on Fiscal Scare Tactics

----

Something unrelated: Is Solar power picking up? Here is a NYTimes blog on it.

2 comments:

Paddy Killimangalam said...

Yeah its one of those debates with enough economists on both sides of the table. I think the deficit by itself doesnt say much. It is the reason for incurring the deficit that matters. We need capital investments in infra etc and if that runs up a deficit its fine. Plus all the stimulus from last year is bound to reflect in the deficit.

Siddharth said...

Yep Agree with you.

Disclaimer

All the opinions expressed are of the author only. Any action taken by readers on the basis of this blog is entirely at the readers' risk and they are solely responsible for the same.