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Yes, but these have been true since 2008 & the politics remain the same: the far right authoritarian party that is the 2020 GOP believes revenue & govt spending are fundamentally illegitimate & media coverage is already/again fueling the household analogy
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3059991 https://twitter.com/crampell/status/1336314340484460545
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3059991 https://twitter.com/crampell/status/1336314340484460545
In re: media amplification of faux deficit hawkery: https://twitter.com/mcopelov/status/1318769556895170572?s=20
Biden & Yellen need to argue forcefully that <the market> is screaming for massive US investment in all of the things. Promises of growth are good, but "this is how you actually run the government like a business" is the way to appeal to many voters: https://twitter.com/mcopelov/status/1291832638886547457?s=20
The other frame for this Biden/Yellen should use is US <power>. Biden does this a lot w/ his "there's nothing the US can't do" trope but Yellen should be even more blunt. The dollar dominates more than ever. We can do whatever the #$%* we want fiscally. https://twitter.com/mcopelov/status/1274183961187680265?s=20
This would also, conveniently be a great way to push back on China's rise/US decline/new Cold War hysteria. It's not remotely close on the most important dimension: finance. Just like it wasn't in the actual Cold War, or when we freaked out about Japan: https://twitter.com/mcopelov/status/1101541750643089410?s=20
