…news, because Chait was one of the most prominent remaining liberal zionists who disagreed more with lefist critics of Israel than with hawks. For what it’s worth, Chait explains his…

…will be, much less what his preferred monetary policy. If he increases budget deficits while appointing monetary hawks to the Fed, he may well end up with a Reaganesque mid-80s…

…wealthy corporatist donors wouldn’t like it. What reveals the hypocrisy of the GOP is their sudden switch from deficit hawks during the Obama administration, which made it harder to get…

…2001, to forget about the peace process, which Colin Powell supported, but the neocon hawks led by Cheney and Rumsfeld did not. They wanted to pull a Soviet Union a…

…party, so gosh darn it, they will probably do it, even if it takes a lot of effort. As expected all those loud fiscal hawks from the Obama period are…

…there is no inflation puzzle. I will present the US evidence after the jump. I will puzzle over perceptions here. I think one key issue is that inflation hawks must…

…hawks did not like them because they lost. This attitude began to change with the dedication of the Vietnam “wall” memorial in Washington on Veterans Day in 1982. But the…

…if now lower; 5) tax cuts wouls raise deficits, for sure, and 6) those deficits would raise both the dollar and the current account deficit, darned tooting. So where did…

…think Krugman’s problem with “a bigger EITC” is political. It appears on the Federal budget so deficit hawks won’t allow a really huge increase. In contrast, people can think firms…

…natural to think that subsidies are the best policy, mandates are second-best, and carbon taxes rate poorly. Subsidies are politically popular – at least if they are funded through deficit…