…appointed by Obama to serve on the “National Commission on Fiscal Responsibility Commission” he established by executive order on Feb. 18, 2010, with co-chairs Erskine Bowles and Alan Simpson, with…

…of its fiscal crutch. (I debated whether or not to use the term “crutch” when applying it to fiscal policy because fiscal policy is not a crutch; but the metaphor…

…resulting hysteria leads to headlines like that from Reuters on March 11, 2010: “Fed’s Dudley: Waiting to fix fiscal problems risky”. Be very careful when reading these articles, as the…

…to forestall capital flight, fiscal policy was tightened and interest rates were hiked in order to protect the external value of the currency. Based largely on their experience in Latin…

…From the Hürriyet Daily News and Economic Review on February 8 : the Legislation for the [fiscal] rule, which will limit the size of the budget deficit as a proportion…

…is positioning himself as a fiscal hawk on the issue, said he opposes any health care bill that includes a government-run insurance program — even if it includes a provision…

…$-5 and nothing about the lack of fiscal prudence of the Bush administration changes the fact that it would be perverse for the federal government to respond to a recession…

…rate by almost half) has helped to cushion the blow to regional exports. In the meantime, Poland’s relative immunity to the globally synchronous crash has kept the fiscal balance in…

…that fiscal mess as an excuse to get municipalities that are especially cash-strapped because of the fiscal crisis (and finding their ability to borrow or get tax revenues severely restricted)…

…hit $12.7-trillion by the end of the fiscal year on September 30th. The Administration’s four year estimate shows that by the end of September 2012, the Debt will have soared…