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A Cliff on Three Continents
National economies today are interdependent, as almost everyone understands. That should be good news, in that strong economies can buck up the weak. But it is bad news when most economies are weak....
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Here Are Your Instructions
The automatic tax increases and spending cuts that will be triggered on January 1, 2013, known as the “fiscal cliff,” are widely recognized to be bad policy. The fiscal cliff would be bad for the...
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That $1.5 Trillion- Give or Take
Over the last few years, both parties have worked together to reduce the deficit by more than $2.5 trillion – mostly through spending cuts, but also by raising tax rates on the wealthiest 1 percent of...
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