Being awash in promises from one party to another party to pay money under certain condition ... does that net out to a positive or a negative?

I'd not say the economy is awash in real capital overall, though it clearly has too much capital equipment in some sectors and demand-destruction policies leave some needed capital nonetheless unemployed.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.