Wisconsin, fiscal responsibility, and power (plants?)
Have you heard about 16.896? “…with or without solicitation of bids, for any amount that the department determines to be in the best interest of the state.” Who knew behind…
Have you heard about 16.896? “…with or without solicitation of bids, for any amount that the department determines to be in the best interest of the state.” Who knew behind…
…picture of the ultimate impacts of eliminating Canadian “fiscal profligacy”. The chart above highlights the importance of Canada’s restrictive fiscal policy in pushing the household sector balances increasingly into the…
There has been some arguing about the dangers of federal deficit spending (little said about the huge private sector debt levels except on econoblogs), but Kevin Drum on Mother Jones…
…both ends — toward fiscal sustainability and toward ensuring that people, particularly at the bottom, have an adequate benefit.” The February 2009 “Fiscal Responsibility Summit” The above January 15 Washington…
Paul Krugman argued that optimal fiscal policy in a liquidity trap targets unemployment equal to the non accelerating inflation rate of unemployment (NAIRU). He uses a model with Ricardian equivalence….
…of the existing political process” to address the country’s fiscal problems, the panel said, Congress should create a Fiscal Future Commission modeled on, yes, BRAC. The authors include a former…
…to apply a fiscal and monetary stimulus large enough to return output and unemployment to tolerable levels within the next two years…. Fiscal policy alone cannot, therefore, resolve the current…
…Angry Bear) argue for standard monetary and fiscal stimulation. Since I’ve spent time discussing the problem of monetary policy, I should also make a few points about fiscal policy and…
lifted from comments cactus style by reader FA What IS relevant, is add up ALL social spending, HHS, Medicaid, Medicare, Welfare, SS… and then subtract it from the budget. Compare…
…But he still argues that tax cutters (ah, I meant tax deferrers) like Ronald Reagan and George W. Bush do better in limiting government spending than fiscally responsible leaders like…