Part 1/11:

The Interplay of Economics and Politics in U.S. Fiscal Policy

The relationship between economics and politics is complex and often fraught with tension. Economists frequently attempt to separate economic principles from political agendas, yet the two are invariably intertwined. Political agendas can derail well-intentioned economic plans, while poor economic conditions often stymie political initiatives. The newly formed Department of Government Efficiency embodies this struggle, aiming to lower U.S. government spending and curb ongoing budget deficits. However, it is not immune to political controversy, emphasizing the difficulty of pushing essential but potentially unpopular economic policies.