…in June. For example, here’s Professor Tim Duy, on Fed hawks: Inflation rose on the back of higher gas prices. Headline CPI gained 0.4 percent, although core rose a more…

…war going while not going all the way as the super hawks wanted, and allowing both those who wanted more war and those wanting less to whine. For Obama the…

by Dean Baker Center for Economic and Policy Research The inflation hawks took March’s CPI as cause for celebration, inflation may not be dead yet. There is no doubt that…

Good Thing We Have Deficit Hawks in Congress: The tenants were all living low-rent under a program that’s beginning to expire – but had been promised they could still qualify…

Mark Thoma rightly points out the hypocrisy of the deficit hawks’ intent to cut spending while approving military spending in the same sentence. Ryan Avent furthers the dicussion by stating…

…firmly in the importance of fiscal discipline, and indicate that he will be receiving his economic advice from deficit hawks. Kerry himself seems to have embraced the logic that balanced…

…at a rate faster than r. The US has a choice between higher taxes, spending cuts, or default just as deficit hawks claim. If anything, the fact that the reduction…

…current account). Spain needs massive export income in order to finance such reductions in the government deficits. So who will succeed in reducing their public fiscal deficits? Pretty much any…

…Deficit Spending Modern monetary theory has hammered this point home over decades, to the point that pretty much everyone understands it: When the U.S. Treasury deficit-spends, it’s adding assets to…

…deficit are all done based on income. The numbers look huge. $16.5 trillion in debt. Deficits to add to the debt in the trillions and only $14 trillion per year…