The Challenge of U.S. Debt and Political Dynamics

This chapter examines the current landscape of U.S. debt and deficits, reflecting on past financial predictions and discussing the political hurdles to implementing necessary reforms. It addresses the potential for spending cuts and tax increases as solutions, particularly within healthcare, while navigating the implications of a more progressive Democratic Party under emerging leadership. Ultimately, it calls for the Democrats to define a clearer identity amid evolving political dynamics.