Debt, Deficits & Disaster: Can Washington Change Course?
Morning Wire
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National Debt: A Generational Burden
This chapter explores the significant dangers posed by the growing national debt in the U.S., including its negative effects on private investment, inflation, and essential services. It highlights the political polarization that hampers meaningful dialogue on fiscal responsibility, with both parties contributing to the worsening debt crisis. Additionally, the chapter emphasizes the Federal Reserve's critical role in managing inflation and debt amidst these challenges.
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