…of the US’s “Fiscal Nightmare” for reference (see that post for details of my assumptions). Note that this may be an optimistic scenario: it assumes that the Bush tax cuts…

…already opened the 2006 debate as to fiscal policy even before the New Year’s celebration. Let’s start with the advice to GOP Presidential hopefuls offered by John J. Miller. One…

…leadership not the White House has any real intention of restoring fiscal sanity. So where does one turn at the end of this week for any sense of sanity at…

…believe that fiscal policy will be much more responsible during Bush’s second term. Again, the reasoning for this claim is something I simply do not get. Update: Let’s compare Carter’s…

The Luskin-Kudlow-Moore free-lunch supply-side crowd over at NRO have been trying to convince us that Bush’s fiscal train wreck will actually promote long-term growth. Their new ally is William Kucewicz…

…recession. To get a sense of long-term growth under Reagan’s free-lunch fiscal reckless (or DON’T “save and invest”), one can do one of two things. Try using some Okun’s Gap…

Brad DeLong gives us an excellent discussion of some fiscal policy possibilities: If we were going to get concrete, and, say, take the Bush tax cuts of 2001 and 2003…

…al., claiming that fiscal austerity has obviously had no effect on GDP growth.” I wrote Sumner off a few years ago due to a highly unfavorable chaff/wheat ratio. I’ve tried…

…take a look into their guts, NK models posit an entirely different underlying mechanism for why fiscal stimulus works:” If you want to use new-Keynesian models to defend stimulus, do…

…for Fiscal Year 2013 The introductory paragraph of the Summary of this Summary reads as follows: The federal government incurred a budget deficit of $680 billion in fiscal year 2013,…