Keith Herrmann: Deficit not political

March 17, 2013 

Deficit not political

Like many other people, I am concerned that large federal deficits are one of the country’s most serious problems. However, unlike the general consensus, I believe that the problem is structural rather than merely political in nature. If the problem was political, then the solution would be to use elections to replace people who have been making wrong decisions with people who will make better decisions.

The problem of the federal deficit transcends whether the Republicans or the Democrats control Congress or the White House and which candidates are elected in the next election.

Because the root causes of the federal deficit are built into our political institutions, there is a need to restructure them to make them better able to deal with the federal deficit.

Keith Herrmann


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