Relevant and even prescient commentary on news, politics and the economy.

The Cyclically Adjusted Budget Balance: Shrinking Rapidly

Since I put a ‘liberal’ name in a previous post, I will also put up a ‘conservative’ name on budget balances: Menzie Chin at Econbrowser points to other CBO numbers… The Cyclically Adjusted Budget Balance: Shrinking Rapidly The CBO has just released estimates of the cyclically adjusted budget balance (or, specifically, the budget balance without automatic […]