Former Fiscal Doves Raise Alarm Over Unsustainable U.S. National Debt
By
Committee for a Responsible Federal Budget
Summary
The article discusses growing concern among former "fiscal doves" about the unsustainable trajectory of the U.S. national debt. It highlights warnings from Jared Bernstein and Bobby Kogan of the Center for American Progress, who argue that federal debt is larger, more expensive, and matters more than in previous generations. The piece reflects a shift in perspective among traditionally less debt-averse economists and policy experts.
Source
Key quotes
· 3 pulledfederal debt is larger and more expensive than in previous generations
matters more than it used to
if you're not worried about this country's fiscal outlook, you're not paying attention
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