{"id":5390,"date":"2024-06-06T18:59:13","date_gmt":"2024-06-06T22:59:13","guid":{"rendered":"https:\/\/kevinrkosar.com\/wordpress\/?p=5390"},"modified":"2024-06-06T18:59:13","modified_gmt":"2024-06-06T22:59:13","slug":"americans-dislike-deficits-and-debt-so-why-dont-they-vote-that-way","status":"publish","type":"post","link":"https:\/\/kevinrkosar.com\/wordpress\/americans-dislike-deficits-and-debt-so-why-dont-they-vote-that-way\/","title":{"rendered":"Americans dislike deficits and debt. So why don\u2019t they vote that way?"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><a href=\"https:\/\/kevinrkosar.com\/wordpress\/wp-content\/uploads\/2024\/06\/understanding-congress-new-logo-3-1.png\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"586\" data-attachment-id=\"5391\" data-permalink=\"https:\/\/kevinrkosar.com\/wordpress\/americans-dislike-deficits-and-debt-so-why-dont-they-vote-that-way\/understanding-congress-new-logo-3-1-2\/\" data-orig-file=\"https:\/\/kevinrkosar.com\/wordpress\/wp-content\/uploads\/2024\/06\/understanding-congress-new-logo-3-1.png\" data-orig-size=\"600,586\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"understanding-congress-new-logo-3-1\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/kevinrkosar.com\/wordpress\/wp-content\/uploads\/2024\/06\/understanding-congress-new-logo-3-1-300x293.png\" data-large-file=\"https:\/\/kevinrkosar.com\/wordpress\/wp-content\/uploads\/2024\/06\/understanding-congress-new-logo-3-1.png\" src=\"https:\/\/kevinrkosar.com\/wordpress\/wp-content\/uploads\/2024\/06\/understanding-congress-new-logo-3-1.png\" alt=\"\" class=\"wp-image-5391\" srcset=\"https:\/\/kevinrkosar.com\/wordpress\/wp-content\/uploads\/2024\/06\/understanding-congress-new-logo-3-1.png 600w, https:\/\/kevinrkosar.com\/wordpress\/wp-content\/uploads\/2024\/06\/understanding-congress-new-logo-3-1-300x293.png 300w, https:\/\/kevinrkosar.com\/wordpress\/wp-content\/uploads\/2024\/06\/understanding-congress-new-logo-3-1-50x50.png 50w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">Do voters punish politicians who increase budget deficits and saddle future generations with debt?\u00a0According to\u00a0<a href=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=2005226\">one research paper<\/a>, yes, they do. <a href=\"https:\/\/scholar.google.com\/citations?user=sbMLq2wAAAAJ&amp;hl=en\">Adi Brender<\/a>\u00a0(Bank of Israel) and\u00a0<a href=\"https:\/\/www.econ.umd.edu\/facultyprofile\/drazen\/allan\">Allan Drazen<\/a>\u00a0(University of Maryland) crunched data from 23 nations on budgets and the electoral fortunes of chief executives, who voters tend to view as responsible for fiscal stewardship. Their unambiguous finding was that \u201cincreased deficits during an incumbent\u2019s term in office, especially in election years, reduce the probability that a leader is re-elected&#8221;&#8230;. (<a href=\"https:\/\/www.understandingcongress.org\/2024\/06\/06\/americans-dislike-deficits-and-debt-so-why-dont-they-vote-that-way\/\">Read more<\/a>)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Do voters punish politicians who increase budget deficits and saddle future generations with debt?\u00a0According to\u00a0one research paper, yes, they do. Adi Brender\u00a0(Bank of Israel) and\u00a0Allan Drazen\u00a0(University of Maryland) crunched data from 23 nations on budgets and the electoral fortunes of chief executives, who voters tend to view as responsible for fiscal stewardship. Their unambiguous finding [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[160],"tags":[],"class_list":["post-5390","post","type-post","status-publish","format-standard","hentry","category-congress"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pBCzY-1oW","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/posts\/5390","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/comments?post=5390"}],"version-history":[{"count":1,"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/posts\/5390\/revisions"}],"predecessor-version":[{"id":5392,"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/posts\/5390\/revisions\/5392"}],"wp:attachment":[{"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/media?parent=5390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/categories?post=5390"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/tags?post=5390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}