"There is a school of thought among economists who aren’t worried about the so called “budget black hole”, where tough choices have been called for to reduce government spending. Proponents of modern monetary theory, like Bernie Sanders’ chief economic adviser Professor Stephanie Kelton, claim the Australian government need not balance its budget and are instead calling for the government to balance the economy, which they argue is a different thing entirely."
https://theconversation.com/explainer-what-is-modern-monetary-theory-72095?fbclid=IwAR3SOlUKcArGrc72Wnh6yen6Yhgb3x2teUce8eJSzBHCWItT118czubUTpI