The incentives bureaucrats face may cause them to act in a way that is rational for themselves and their bureaucracies, but is not optimal from a social perspective.That America’s national debt now stands more than $28 trillion has done little to temper Democrats’ enthusiasm for more and bigger government programs, even as a 2020 poll by the Peter G. Peterson Foundation found that 73 percent of voters have become more concerned about the national debt.We might surmise that while most voters recognize the soaring national debt to be a problem, many are willing to accept budget deficits if the resulting...