https://bipartisanpolicy.org/article/the-deficit-in-a-downtu...
https://www.frbsf.org/research-and-insights/publications/eco...
The hard part is reigning that spending in during non-crash years (see the uproar over removing the temporary COVID subsidies) in a way that is not political suicide. At the Federal level, there is zero incentive to not run a deficit.
https://bipartisanpolicy.org/article/the-deficit-in-a-downtu...
https://www.frbsf.org/research-and-insights/publications/eco...
The hard part is reigning that spending in during non-crash years (see the uproar over removing the temporary COVID subsidies) in a way that is not political suicide. At the Federal level, there is zero incentive to not run a deficit.