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How do elections and parties affect the discussion on the national debt? Given your above discussion,...

How do elections and parties affect the discussion on the national debt?

Given your above discussion, how do you propose we deal with the debt?

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Answer #1

Total outstanding borrowings of a government is known as the national debt . The main aim of political parties are to win elections . This political agenda is carried out through alluring voters towards a particular party in a democracy . The confidence of voters on a prticular party can assure the victory of that party . Political parties are so polarized and so unwilling to lose elections that they avoid the necessary compromises on taxes and spending that would reduce the debt . Increasing taxes or reducing welfare spending both can bring negative public reactions towards a party . Although they discuss on reduction of debt but their actions work oppositely .

Dealing with debt should be made a apolitical phenomenon . A separate wing of elected officials should deal with debt totally unbiased of any political agenda .

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