What Jimmy Carter Can Teach Us About Deregulation: New at Reason

A Republican Congress is jacking the federal deficit back over the $1 trillion threshold, just as the cost of borrowing is spiking upward. Democratic mayors and governors are grappling with annual public-sector pension outlays that will increase by 50 percent over the next seven years. It won’t take much more folly to send us careening into a new “era of limits,” argues Matt Welch, in which case we should start asking ourselves a very ’70s question: What would Jimmy Carter do?

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