A FEW years ago a prominent former treasury official came to lunch at The Economist
and predicted that the debt level would become a national
preoccupation. He expected Americans would grow weary of a large debt
burden, but refused to say whether Americans would demand fewer services
or higher taxes as a result. It turns out he was correct: Americans are
both concerned about the nation's debt, and confused about how to solve
the problem.
Media & TV Appearances
The Economist - 'Not so far apart'
A FEW years ago a prominent former treasury official came to lunch at The Economist and predicted that the debt level would become a national preoccupation. He expected Americans would grow weary of a large debt burden, but refused to say whether Americans would demand fewer services or higher taxes as a result. It turns out he was correct: Americans are both concerned about the nation's debt, and confused about how to solve the problem.