The second — and more compelling — argument was that the state was facing massive deficits and that it had no money to bolster public colleges. (wamc.org)
He worries that massive deficit spending will drive up inflation. (moneysense.ca)
Moreover, U.S. growth tailwinds in coming quarters are powerful, as a result of massive deficit - financed fiscal stimulus now flowing into a closed output gap for the first time in near 50 years. (blackrockblog.com)