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You searched for: label/GOP Budget Proposal

WHY THE DEMOCRATS LOST: Because they cannot win unless they explain Keynesian economics and inform the public of the dramatic reduction in federal spending and federal employment since 2010—and the consequences of it. Obama will not (or, intellectually, cannot) do that. So others must.

…a hiring freeze and cut off funding for forecaster training and equipment maintenance, part of an 8.3 percent budget cut that came in the wake of the federal government’s budget

Debt and Taxes I

…the assumption that the Federal Government’s intertemporal budget constraint is binding. Arguments that you can’t get more now without having less later are arguments about a binding budget constraint. The…