Reader T-bone states the theory well: (lifted from comments cactus style) The bottom 50% are seeing no increase in real income while the dollar falls and their costs rise. Fiscal…

…$34.9 Billion. Harvard University’s endowment earned a 23.0 percent return during the fiscal year ending June 30, 2007. From fiscal 2001 to fiscal 2007, for example, scholarships and awards to…

…the response of distorting fiscal policies to debt, the more favorable the growth effects of a tax cut. Had President Bush decided to actually reduce government spending as he pretended…

…state officials moaned that they were innocent victims of a fiscal crisis. They responded by hiking taxes and clamoring for more aid from Washington. Only a few years into the…

…back above $400 billion for the fiscal year that ends in September, reversing the improvements of 2005, a White House official told reporters yesterday. But some budget analysts cautioned that…

…and capital markets have kept the boom going with no increase in inflation until late 1999. The extended noninflationary response also owes much to Irish fiscal discipline, consensus-based wage moderation,…

The National Review gives Congressman Thomas space to defend fiscal irresponsibility: When it comes to financial security, “continuity and certainty” are important to America’s households. They are equally important for…

…Bush43’s fiscal fiasco has debt growing faster than GDP, which is not going to change until this Administration dramatically changes its fiscal stance. Kash provides a very nice historical context…

…I suspect that Darda has no clue what Dr. Hubbard tells his students at Columbia about fiscal policy. Hubbard is pro-growth, which means he is not fond of the fiscal…

…how the IMF answered this question, let go back four years when certain pro-growth liberals were hammering the Bush Administration for its fiscal irresponsibility and resulting lower national savings, which…