Macro Musings with David Beckworth cover image

Michael Strain on Averting the Looming Debt Ceiling Disaster

Macro Musings with David Beckworth

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Is the Debt Ceiling a Sign of National Decline?

Since 1960, the debt ceiling has been lifted 78 times. Does this reflect our increased polarization in our country? We're getting to the point where it's becoming a tool for whoever is in power to use it to accomplish their goals,. And as a consequence, we need to really rethink its use.

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