Why is it the USA loves to engage with distractions from it’s own problems?

For the third time in not so many years, the United States of America (USA) once again needs to raise it’s debt ceiling in order for government to continue to function. The resulting inference is straightforward, namely consistent with empirical findings in Acemoglu and Restrepo (2018), the returns that are accruing to the U.S. economy from production activity…