Kent Smethers
Kent Smethers is a distinguished budget modeler at the University of Pennsylvania, known for his expertise in public finance and economic policy. He previously served in the U.S. Department of the Treasury under President George W. Bush, where he gained valuable experience in government fiscal responsibilities. Recently, he commented on the alarming rise of the national debt, which has surpassed $38 trillion, emphasizing its implications for inflation and the financial futures of younger generations.
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Kent Smethers from the Penn Wharton budget model stated that the growing debt leads to higher inflation, eroding the purchasing power of Americans.
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