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July 06, 2015, 03:51:43 PM |
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Modern day politics is causing the Government debt burden and therefore risk of default.
Most major projects in a country have been done, created, built. Yet when a new politician is elected they have a desire to make a name for themself and the most obvious way for a politician to do that is to introduce new legislation, which requires...money.
We need a few terms of politicians that will merely maintain Government, not grow it, OR (most importantly) make Government more efficient to get things right-sized.
None of these politicians actually have a responsibility to the debt. None of them are personally responsible so there's no impetus to not spend or be careful with spending!
How do we shift our political systems to create incentives for politicians to stop spending?
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