…the grounds that it caused a deep recession. Laffer and his camp were singing the praises of how the Reagan fiscal stimulus would lead to incredible output growth. When the…

The Washington Times notes that DeLay declares victory in war on budget fat: House Majority Leader Tom DeLay said yesterday that Republicans have done so well in cutting spending that…

The General Theory of Employment, Interest and Money by John Maynard Keynes was labeled one of the ten most harmful books over the past two centuries by this group of…

…queries what would Rip van Winkle think if he woke up from a nap that began in 1985. In 1985, the debate centered on the “Twin Deficits” – the fiscal…

…we solve the problem,” he said. “We don’t have a revenue problem; we have a spending problem.” One might quip that President Reagan was less fiscally responsible than Governor Reagan….

Since replacing Gray Davis as governor of California, Arnold Schwarzenegger has adopted the George W. Bush approach to balancing budgets: keep tax rates from rising, talk about spending cuts but…

…deficits that extend into the indefinite future. And he created this fiscal disaster this through specific tax and spending decisions, not because of historical accident or bad luck. Let us…

Kerry’s Fiscal Prudence Yesterday Kerry gave a major policy address, in which he reoriented his economic proposals around the idea of fiscal discipline. As the Washington Post describes it: Sen….

…low level. Market monetarists argue that since monetary policy has been inept and fiscal policy has not been expansionary, this steady growth casts serious doubts on the efficacy of fiscal…

…undermines your position. And, Obama being Obama, he not only believed it but hasn’t since noticed the ill effects of this on fiscal policy and consequently the overall economy. Obama…