My latest at Bloomberg Opinion:

At the moment both the economy and the deficit are growing. Last year the federal government spent $665 billion more than it raised. This year the Congressional Budget Office projects a $793 billion deficit. Spending has increased, and revenues are lower than they would have been without the tax cuts enacted at the end of last year.
So we are not growing our way out of the deficit. Are we deficit spending our way into growth?

I go on to explain why I don’t believe that the deficit is stimulating the economy.