…budget deficits even after the moves towards fiscal responsibility from the first President Bush. And while we were slowly recovering from the recession during Bush41’s term of office, the labor…

…a host of exogenous variables including fiscal and monetary policy and have the exchange rate as an endogenous variable – assuming the exchange rate regime is floating. It’s not clear…

…increases of sufficient dimension to deal with our looming fiscal problems arguably pose significant risks to economic growth and the revenue base. The exact magnitude of such risks is very…

…it isn’t. It’s kind of interesting to write off people over 17…”. What got me was “we talk about fiscal matters” with him trying to paint himself as the fiscal…

…appropriate fiscal stimulus in 2002 or early 2003. The Bush administration squandered their fiscal ammunition on a tax cut for the wealthy that did little for the economy other than…

…cause hardship (Surprise! No Social Security for you this month!) but amount to a severely contractionary fiscal policy, sending us into recession if it lasted any length of time. I…

…this stuff, daily. The economic/fiscal right is similar to the conservative-legal-movement right, best as I can tell, in its perversion– its Orwellian redefinition–of common language terms and its out-of-the-blue proclamations…

…fiscal aid? Second, did Ireland negotiate a special deal with Apple giving the company a tax rate far below Ireland’s already low 12.5% corporate income tax rate, as Apple CEO…

…(G-T): savings either finances investment or is absorbed by the government deficit. The third is the fiscal theory of the price level D/P = PV(-dp,r): the real stock of debt–the…

…and one mistake. The mistake is to consider only Federal fiscal policy. This is a natural simplification if one relies on daily newspapers for news of fiscal policy, but Sachs…