America’s big fiscal deficits are a political choice not an economic necessity. The causes of global imbalances are not, then, as clear as some commentators allege https://t.co/qfGBOSTipIIllustration: Álvaro Bernis pic.twitter.com/HhxDwuVcYs— The Economist (@TheEconomist) April 20, 2026

America’s big fiscal deficits are a political choice not an economic necessity. The causes of global imbalances are not, then, as clear as some commentators allege Illustration: Álvaro Bernis pic.
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