…Biden administration’s American Rescue Plan (ARP) fiscal stimulus and its large budget deficits aimed to help pull the US economy further out of the pandemic recession, but hopefully without stimulating…

…stop contagion of the Greek fiscal crisis). Importantly it has been standard practice since the 19th Century and is not fiscal dominance at all. It seems possible to me that…

…Policy Institute, Josh Bivens The U.S. Department of the Treasury has released new data on how state and local governments are spending the $350 billion of State and Local Fiscal…

…invite a downturn and I am superstitious) The excellent article (just click the link) is mostly straight reporting with some discussion of the advantages of FIscal Policy relative to monetary…

…devastating economic effect. Beyond the paywall, I’ll address the following topics: 1. Immigrants in the labor force 2. Immigration, growth and inflation 3. The fiscal effects of immigration 4. The…

…laser-targeted at only the rich could raise significant revenue. One obvious benchmark suggests itself: close the current fiscal gap. The fiscal gap is how much (as a share of GDP)…

…requires fiscal responsibility. The phrase “fiscal responsibility” has been used so much that it is something between an obligatory buzzword and a code word for cutting government spending. In our…

…that!–and by reminding them that we just held an election that amounted to a referendum on my proposed fiscal plan versus the Democrats’ fiscal plan, and I won. And by…

…off the table, because the Republicans agreed to $600 billion in tax increases on people with very high incomes as part of the “fiscal cliff” deal seven weeks ago. They…

…announcement that does alleviate the capacity problem of the EFSF would be a net-positive. Element 3. A move toward more fiscal interconnectedness should be more decisively established, including a fiscal…