Even&nbsp;the world’s oldest continuous democracy is not immune to the erosion of self-governance. Commitments never to raise taxes have left the US dependent on debt finance – and, more frightening, on those who are ready to veto refinancing it.
即使世界上存续时间最长的古老民主制度也无法避免自我管治的腐蚀。永不加税的承诺导致美国只能依赖债务融资——更可怕是的是，依赖于那些时刻准备否决再融资的人。