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The Forum

A Journal of Applied Research in Contemporary Politics

Ed. by Disalvo, Daniel / Stonecash, Jeffrey


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Polarization and the Fiscal Future of the United States

Joseph Bafumi1

1Dartmouth College

Citation Information: The Forum. Volume 10, Issue 3, ISSN (Online) 1540-8884, DOI: 10.1515/1540-8884.1518, October 2012

Publication History

Published Online:
2012-10-31

Abstract

The United States faces a severe fiscal crisis, a crisis unparalleled since the immediate post-World War II era. Unlike then, the capacity for the U.S. to survive this crisis without serious consequence will depend on our capacity to overcome growing political polarization. This paper explores the gravity of the debt situation, outlines the recent history leading to the crisis, investigates the capacity of the U.S. to solve the crisis in a time of political polarization, and speculates on what we might expect in the future.

Keywords: polarization; fiscal crisis; fiscal cliff; deficit; debt; federal government budget

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