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Richard's avatar

Great natalist link. Much better than bonuses. I think you need to do something on the expense side too. Easiest way to get a big impact is to get rid of the CAFE rules. Forcing people into small cars makes it impossible to carry more than two car seats and later on all the paraphernalia needed for sports.

I have argued that New Right economics have recast Republican politics not American politics. Democrats are still the uneasy coalition of socialists and neoliberals.

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Light Saberist's avatar

I really wish the Orszag piece (and Oren for that matter) would spell out *exactly* what the issues are with increasing national debt. The U.S. is able to issue its own currency, and so there is no risk of default, unless politicians stupidly decide to do so. I recognize there is inflation risk with deficit spending (which manifested in the wake of Trump and then Biden COVID stimulus). But inflation is back to 2-2.5% now.

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