觀點美國經濟

Why US debt will continue to rise
美國債務爲什麼會越滾越多?

The government must eliminate downward pressure on demand by reversing policies that favour income inequality
邁克爾•佩蒂斯:要在不增加失業的情況下控制住債務規模,美國必須扭轉幾十年來助長收入不平等的政策,消除需求的下行壓力。

The writer is a finance professor at Peking University and a senior associate at the Carnegie China CenterWhile much of the debate about limiting US government debt assumes that rising debt is a consequence of profligacy on the part of Washington policymakers, the problem is in fact structural. Americans are forced to choose between rising debt and higher unemployment largely because of the level of income inequality in their country — exacerbated by the large US trade deficit — that has sharply reduced the consumer demand for American businesses and manufacturers.

本文作者是北京大學(Peking University)金融學教授、卡內基中國中心(Carnegie China Center)資深研究員

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