Can the U.S. Avoid an Oncoming Debt Crisis?
WSJ Opinion: Free Expression
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Political Incentives and the Challenge of Budget Deficits
This chapter delves into the persistent challenges of political incentives regarding budget deficits, emphasizing how elected officials often prioritize tax cuts and spending over fiscal responsibility to win voter approval. It also highlights the historical context of these issues and the impact of current geopolitical changes on domestic political conflicts.
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