…new challenges, including the much-publicized ‘fiscal cliff’ and the longer-term problem of a truly extravagant and burgeoning national debit,” he wrote. “No one seriously doubts that the country’s fiscal ledger…

…Go Positive on the Deficit,” op-ed, Dec. 23]. Had he checked the complete text of my Dec. 10 speech, it would have been clear that I believe the fiscal position…

…the word. Perhaps for him bankrupt means having negative earnings over some period of time. Here is the federal government’s fiscal record since 1929: So during what periods has the…

…moi): that based on the long-term historical record, by pretty much any economic measure it’s progressive policies that deliver superior growth, prosperity, fiscal responsibility, opportunity, individual liberty, and a vibrant,…

…zombie bank deleveraging – it is absolutely not in Spain’s best interest to be pushing sharp fiscal contraction while the private sector is itself deleveraging. But alas, they’ve decided to…

…regain market confidence amid a sovereign liquidity crisis. The plan is to enhance fiscal discipline and become more ‘competitive’ (usually that means coincident with currency devaluation). So fiscal discipline +…

…the high Italian public debt levels. Therefore, bond investors push for ‘fiscal discipline’ via a rising risk premium. Another driver of the increasing Italian risk premium is political risk. You…

…(more after the jump) Exhibit 1: Spain’s industrial sector is barely growing amid fiscal austerity No industrial production growth = a big problem. It’s not just fiscal austerity, per se,…

…the deficit hawks grow louder: Repent all yee fiscal profligates, before the “day of reckoning” comes. Let’s dial down the Biblical hysteria a wee bit while there’s still time for…

…to “pushing on a string”. The fiscal impetus is driving this recovery. Actually I was truly shocked that the merits of the fiscal stimulus were not mentioned more directly in…