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The Modern Economy Is Rigged With Dean Baker

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Is There a Correlation Between Government Debt and Income Inequality?

Can you make an argument that there is a correlation, a causation around debt and income inequality? I do think that it's not good for society if debt is a continuous answer to old problems. We just ran up a huge amount of debt with the pandemic. And what that was about was keeping people whole through a period where large chunks of the economy were shut down. That was great for the middle class.

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