Rainy day funds should not be spent during periods of robust revenue growth. The fact that politicians often tap into rainy-day funds during periods of robust revenue growth demonstrates a prioritization of short-term electoral benefits over long-term stability. This reflects a deeper flaw in our political institutions that must be addressed to ensure the country remains competitive in the future.
These beliefs are widely held and politically charged. They are listed here because they need rigorous pro/con analysis — not because I endorse them. Click to see both sides scored by evidence.
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