Neoliberal economists tell us that fiscal deficits are inherently bad and that the government must disinvest PSUs to finance its expenditure.
Neoliberal economists tell us that fiscal deficits are inherently bad and that the government must disinvest PSUs to finance its expenditure. This is nothing short of false propaganda. Higher fiscal deficits might not be the ideal way to fund additional government spending in a slowing economy, but it is better than austerity.