Congressional Kabuki aside, federal debt is a real
problem
https://www.washingtonpost.com/opinions/2023/02/15/congress-defuse-debt-bomb/
https://www.washingtonpost.com/opinions/2023/02/15/congress-defuse-debt-bomb/
U.S. Government Borrowing Costs Rise as Debt Ceiling Fuels Partisan Clash
https://www.wsj.com/articles/u-s-government-borrowing-costs-rise-as-debt-ceiling-fuels-partisan-clash-a4b8cbe2
US debt default could trigger dollar’s collapse – and severely erode America’s political and economic might
https://theconversation.com/us-debt-default-could-trigger-dollars-collapse-and-severely-erode-americas-political-and-economic-might-198395
https://www.wsj.com/articles/u-s-government-borrowing-costs-rise-as-debt-ceiling-fuels-partisan-clash-a4b8cbe2
https://theconversation.com/us-debt-default-could-trigger-dollars-collapse-and-severely-erode-americas-political-and-economic-might-198395
MY TAKE:
The debate should be about the quality – not the size – of government by VIVEKANAND JAYAKUMAR, August 2020
https://thehill.com/opinion/finance/513007-the-debate-should-be-about-the-quality-not-size-of-government/
The COVID-19 pandemic has forced many people around the world to reevaluate state capacity in their own country and contrast it with that of other peer countries. For far too long, the debate involving government’s role in society has been dominated by economists (especially those sympathetic to the small-government movement) who created the impression that the raw size of the government (measured, for instance, by government consumption’s share of GDP) was of critical importance. Recent developments and insights from political science and other related disciplines suggest that we should have placed greater emphasis on the factors that influence the quality of the government instead of being distracted by a never-ending and ideologically-driven battle over the superficial size of the government.
https://thehill.com/opinion/finance/513007-the-debate-should-be-about-the-quality-not-size-of-government/
The COVID-19 pandemic has forced many people around the world to reevaluate state capacity in their own country and contrast it with that of other peer countries. For far too long, the debate involving government’s role in society has been dominated by economists (especially those sympathetic to the small-government movement) who created the impression that the raw size of the government (measured, for instance, by government consumption’s share of GDP) was of critical importance. Recent developments and insights from political science and other related disciplines suggest that we should have placed greater emphasis on the factors that influence the quality of the government instead of being distracted by a never-ending and ideologically-driven battle over the superficial size of the government.