Given the enormity of the short- and long-run fiscalchallenges facing the US, the lack of policy detail from bothpresidential candidates is disappointing

In the second part of their analysis of US policy responses to the economic recession, Ethan Ilzetzki and Jonathan Pinder examine the policy efforts aimed at reducing US public debt. They argue that proposals put forward by both presidential candidates are woefully short of specifics. Given the UK's approach to tackling government debt, this analysis provides reasons for having a clear plan to avoid political deadlock regarding unsustainable debt-levels.