You are viewing a single comment's thread from:

RE: LeoThread 2025-03-26 01:15

in LeoFinance4 months ago

Part 2/11:

Government spending cuts often resonate with fiscal prudence, yet they directly impact individuals reliant on government contracts, grants, and jobs. Forcing through such cuts risks alienating those affected and inviting political backlash. However, effective governance entails reducing excessive spending without pandering to electoral pressures. If fiscal policy were strictly economic, drastic reforms might have been implemented long ago. While the current administration's second term bears the potential for necessary reforms, this hinges on critical assumptions regarding the sustainability of U.S. debt.

The State of U.S. Debt: Is It Unsustainable?