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Eric Lombardi: U.S. government spending rises with high taxes and dysfunctional systems

Eric Lombardi: U.S. government spending rises with high taxes and dysfunctional systems
Rising U.S. spending and dysfunction

Eric Lombardi criticized current U.S. government fiscal policy, describing spending as continually increasing while taxes remain high and systems become more dysfunctional each year.

Lombardi further commented that this situation could lead to a worse credit rating and higher interest payments.

Lombardi has previously analyzed the difference between nominal GDP growth and 10-year bond yields in advanced democracies such as the U.S. and France in a recent article. He has also discussed France's property tax system, noting values are frozen at 1970 assessments unless renovations occur, in a separate report. These topics reflect his ongoing focus on government fiscal frameworks and financial policies.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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