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Phil Dolan's avatar

Yep. A statesman cares about the next generation. A politician about the next election.

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Phil Dolan's avatar

Pardon the pun, but this is “on the money”. If government deficits are out of control in “normal” let alone “good” times (low unemployment, etc) then the ability to step them up as required in the bad ones is heavily constrained.

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Steven Schwartz's avatar

I think most politicians understand this; they just don’t know how to do the right thing and still get elected.

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