To strengthen public accounts, both conservatives and progressives should start promoting a long-term balance-sheet-oriented approach to policymaking, ensuring that the debates are based on relevant data. Otherwise, the wrong policies – and, with them, anemic GDP growth and sluggish job creation – will continue to prevail.
当前的财政政策争论不应该聚焦于最简单的标题数字。要强化公共账户，保守派和进步派都应该从推进决策的长期资产负债表导向方法开始，并确保争论以重要数据为基础。否则的话，错误的政策——它们将导致GDP长期萎靡和就业创造停滞——将继续盛行。