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Harvard's Rogoff Warns US Needs Crisis to Address Worsening Debt Problem

Harvard economist Kenneth Rogoff warns that the US government's deteriorating fiscal situation will likely remain unaddressed until a significant crisis forces voters to demand action. According to Rogoff, a major shock is necessary to overcome political inertia and compel meaningful changes to address the country's debt problems.

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Harvard’s Rogoff Says US Needs ‘Shock’ to Trigger Action on Debt
Harvard economist Kenneth Rogoff warns that the US government's deteriorating fiscal situation will likely remain unaddressed until a significant crisis forces voters to demand action. According to Rogoff, a major shock is necessary to overcome political inertia and compel meaningful changes to address the country's debt problems.
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Harvard’s Rogoff Says US Needs ‘Shock’ to Trigger Action on Debt

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