"The space for fiscal stimulus is already limited by massive public debt....And financial-sector bailouts will be intolerable in countries with resurgent populist movements and near-insolvent governments."

There is such a basic dilemma in generalized thinking due to this artificial separation of

"public debt" VS "resurgent populist movements" VS "near-solvent governments".



In the real world, that is not conceptually acknowledged either due to mis-conceptions or possibly no-conceptions as the foundation of "thought" projected to each other, the public really is the government.



There are administrators elected or chosen by the public to perform reasonable operational activities of government process for the public. The administrators, usually today, are elected leaders of one type or another. These administrators are supposed to be principled and reliable "stewards" of the wealth of the public, so the so-called affairs of the state can function successfully for the public. (Today, it is more likely that the affairs are only the sexual activities of corrupted leaders. Seriously and all puns intended.) However, due to modern technology today, there really isn't much bottomline administrating, supervising, delegation of authority or activities, that really need to be performed by these elected stewards. Maybe that's why there isn't any focus on any policies or administrative duties, because those activities are effectively handled by lower level employees, that are not elected, only appointed, or employed in secondary and lower functions.



Today, the go-to-person- really aren't that many people. There may be still, due to redundancies of staff that really aren't necessary at all. The real go-to-person- is a computer screen, and the data that is accessed by just a few, for the goals and profits of just a few, not the public.



The public, rather than becoming beguiled and fooled into functioning enmasse as only unruly reactive mobs, should really focus on eliminating monetized positions that really need to be eliminated. Many elected leaders have been eliminating every opportunity for the public to recognize which employed positions should be eliminated within the nation. In the process, there is an extreme imbalance of power. The public does not realize their own power, due to falling for "con-games" or being "conned" by manipulative personalities.



AI can be the operational steward for governmental processes and tasks. Real jobs need to be recovered by using reasonable power of human activities at the local community levels. Voting is a good start to change political directions and focus. Technicians and developers can develop Blockchain identified task functions, can eliminate political positions, that can easily be replaced with appropriate software applications. Local citizens can become the only "employed" to monitor, inspect and correct software applications, and sale of data at a fair price to "monetized outside information seekers, and outside stakeholders". Citizens need to recognize that they are the real operational hands of their government. Presently, their hands are tied.



Citizens should not relinquish their power to old imperialistic notions, that really aren't based on principled developed thought. The thought used to write the words of early Federal documents was "principled" thought, not "imperialistic" notions. There are notions, and opinions today that come from principled and unprincipled thought. Today, much of the economic dilemma is due to unprincipled basic short-term thinking without acknowledging any consequences.