HKS Affiliated Authors
Frank and Denie Weil Director of the Mossavar-Rahmani Center for Business and Government
Charles W. Eliot University Professor
Excerpt
Excerpt
How aging, inequality and China make the U.S. government likely to get larger. Lawrence Summers, September 12, 2017, Opinion, "Speaking at an event organized by Robert Greenstein, president of the Center for Budget and Policy Priorities, I argued last week that unless our values have changed profoundly in an anti-government direction, the balance of pressures from economic change will lead to an expansion of the federal budget relative to gross domestic product. This was also the conclusion of a paper released by Paul Van de Water of the center. Excellent summaries were provided by Al Hunt and David Leonhardt." Link