Navigating America’s Entitlement Dilemmas

Published February 20, 2024

In a Q&A session, John Cogan dives deeper, helping to understand how to potentially address the problems we face, emphasizing the need to restrain public expenditures and government growth rather than borrow more or simply pay back debt. The key fiscal cost from rising deficits stems not from the debt financing approach itself but rather from expanding public spending that diverts funds from productive investment, resulting in slower economic growth regardless of borrowing method used. 

Additional Resources: 

• Watch "Factors that Promote Economic Prosperty" with John Cogan. Available here.
• Watch "The Negative Effects of High Taxes" with John Cogan. Available here.