Relevant and even prescient commentary on news, politics and the economy.

You searched for: label/deficit hawks

What’s in a name?

…no matter the labels thrown upon them, going back 1000s of years. Its recurring features — concentrated power, weak accountability mechanisms, suppression of organized opposition — are structural problems of…

Puzzling Polls

deficit down, even though it may mean it will take longer for the economy to recover. 56% Now the question does suggest that stimulus increases budget deficits — this is…

Sensible Tax Reform

…to discuss the fundamental principles of an efficient tax reform. 1. Taxes and Deficits. Let me begin by noting that the realized budget deficit is an economic outcome, not a…