Tag Archives: deficits
Social Insecurity: The Senior Boomers Are Coming and We’ve Already Spent Their Forced Savings

Social Insecurity: The Senior Boomers Are Coming and We’ve Already Spent Their Forced Savings

Starting this new year of 2011, an average 7000 baby boomers will be turning 65 every day through 2029.  By 2030, an estimated 78 million Americans will be at least 66, and the retirees, their surviving spouses or dependents may ...Read more

Political Economy 102: The Proper Framework for Analyzing Government Spending

Political Economy 102: The Proper Framework for Analyzing Government Spending

Almost three weeks ago – on November 10, to be exact, Alan Simpson and Erskine Bowles , bipartisan co-chairs of Obama’s  National Commission on Fiscal Responsibility and Reform, released a draft of what they believe is the best way to ...Read more

Lessons from the Euro

Lessons from the Euro

Last Monday, the Euro soared against the dollar after a near-trillion-dollar bailout of the currency that unites the European Union (EU) was announced.  This Monday, it dropped to a four-year low.  What are the lessons here, and ...Read more
More lessons from Greece:  The Importance of Basic Belief in Government

More lessons from Greece: The Importance of Basic Belief in Government

Greece’s current fiscal and financial crisis easily reminds us that governments can get too big to succeed, but its more important lesson may lie elsewhere – so obvious that it’s sometimes hard to see.  Greece should make us mindful of ...Read more

Real Action to Reduce Unemployment: Abolishing Minimum Wages and Suspending Payroll Taxes

Real Action to Reduce Unemployment: Abolishing Minimum Wages and Suspending Payroll Taxes

Americans’ top concerns these days are unemployment, deficits and debt.  The rate of unemployment seems stuck at a level economically and ethically unacceptable, and efforts to bring it down appear ineffective and extremely expensive, especially in the context of runaway ...Read more