…of the problem. As I’ve emphasized previously, increased non-defense discretionary spending is only a tiny contributor to today’s budget problem. Second, it is quite clear that the deficit is entirely…

…about income inequality in the US much more generally than that. Income inequality is a huge problem in the US, and the problem is much bigger than immigration can account…

…Bush seems to be proposing the Perot solution to these problems: we just need to put partisanship aside, work together, have a commission study it, and the problem will be…

…individual retirement accounts for its employees, it wouldn’t have this problem. Who would not have what problem? This last sentence implies that the manager of the GM pension proposal received…

…I don’t know what numbers you’re using, but the current budget debt is not a problem, but we do not want it to grow as a percentage of the GDP….

…But now the Heritage Foundation tries to explain how a GROW proposal would reduce the alleged long-run insolvency problem: The proposal would reduce traditional Social Security benefit that workers receive…

As we congratulate Duncan Black for correctly calling that Bush would endorse the Pozen plan, let’s review how George Bush defined the Social Security problem: Congress also needs to address…

…FERC impose price controls, but President Bush at first opposed this move. The other problem that policy makers should have addressed back then was electricity transmission grid problem, which alas…

…title. I guess the GOP spin is that they have laid out what the problem is and the broad parameters of how to fix the problem. But they have not…

…“grow our way” out of the Social Security problem. If the economy grows faster and wages rise, this produces more tax revenue. But the faster wage growth also means that…