The Rancor Dividend
Atlantic, The, January, 2007 by Clive Crook
 | Content provided in partnership with |  |
America’s fiscal policy today is plainly unsustainable, and, as the economist Herb Stein remarked, what is unsustainable will not be sustained. The question is not whether the current spell of chronic overborrowing will come to an end, but how .
The worst way would be through an outright financial crisis, forcing emergency spending cuts and tax increases, and (if the timing is unlucky) hitting the economy hard when it is already weak. This is not implausible: it could happen. But oddly enough, the recent midterm election results provide at least some hope for a better ending.
- Most Popular Articles in News
- The Ten Best Laptop bags
- Tata plans cheapest-ever car for Indian market
- GLOBALIZATION AND THE DEVELOPMENT OF UNDERDEVELOPMENT OF THE THIRD WORLD
- Corn is good for you; Corn is not only a tasty treat, but also a cereal that ...
- THE 50 BEST STYLISH HANDBAGS TO CARRY
- More »
One of the lesser reasons for thinking so is the matriculation of quite a few new fiscally conservative members of Congress, and the rise to prominence of a few established ones. It is encouraging that the Blue Dog Coalition, a group of House Democrats oriented toward fiscal responsibility, is going to need a ...
Find Research Guides for:
Find Featured Titles for: Reference
- Academe
- African American Review
- African Arts
- African Studies Review
- Afro-Americans in New York Life and History
- Alabama Heritage
- Alabama Review
- American Mathematical Monthly, The
- Anglican Theological Review
- Annals of Dyslexia
- Arab Studies Quarterly (ASQ)
- Auk, The
- Australian Journal of Anthropology, The
- Christian Century
- Natural History