Maya MacGuineas: The Rise of Free Lunch Economics & the Growth of Our National Debt
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion piece for The Ripon Forum, an excerpt of which is below.
Figuring out how to grow the economy on a sustained basis is one of the more urgent economic challenges of the moment.
I would also include: dealing with growing income inequality; getting our national debt under control; and, developing larger structural reforms to modernize our capitalist system to reflect the new “tech & data economy.”
But, the more economic growth, the easier the other pieces will be. We should then be engaged in an honest and disciplined attempt to evaluate how much growth is realistic, and the best ways to achieve it.
Read the entire piece here.
"My Views" are works published by members or staff of the Committee for a Responsible Federal Budget, but they do not necessarily reflect the views of all members or staff of the Committee.