…in Division B would reduce revenues by $76 billion in fiscal year 2009, by $131 billion in fiscal year 2010, and by a net of $212 billion over the 2009-2019…

…macroeconomic effects of fiscal actions. Paragraph 1 tells you they separate out tax changes intended to pay for inherited budget deficits or to promote long term growth (exogenous tax changes,…

…of fiscal year 2000 to 146,281,0000 jobs at the end of fiscal 2008, for an increase of 1.28% a year in the number of jobs. This one’s a bit baffling…

…why am I repeating the fiscal alarm all over again? It is because I believe that a McCain/Palin administration will continue the fiscal irresponsibility started under Bush. Moreover, the inaction…

Republicans are split over how to pay for the Katrina-Rita relief and reconstruction efforts. President Bush wants to temporarily increase the deficit. Fiscal conservatives like Andrew Samwick have fiscal offsets…

…temporary. The point being made by James would have equally applied to the large deficits that followed the Reagan fiscal stimulus a generation ago as they apply today. During the…

…might wish to check the consensus between Mark Thoma and Kevin Hassett that Clinton’s fiscal policy was more responsible than the Enron fiscal policies coming from the current Administration. If…

David Hogberg has made some rather outrageous claims on this alleged Social Security crisis but Yes, Virgina, It’s a Crisis is interesting: One might think that a system whose surplus…

…of consumption per capita, so Mulligan’s paper seems to be treading on similar grounds. While Kudlow may have read Mulligan’s paper, did he really understand its significance in the fiscal…

…deficit was positive during the Carter years, it is interesting that Milton Friedman wrote in a 1980 Newsweek article that Carter’s fiscal stance was showing annual reductions in the real…