Gridlock is Good for the Economy

Although legislative gridlock is a top concern of the American public, Investor’s Business Daily argues that gridlock saves the American tax payer a lot of money. Among other things, rates of spending are checked, and other potentially costly programs are held at bay by the lack of consensus. However, when one party has majorities along with a president, history shows that spending goes awry, existing programs expand, and new programs are implemented.

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