Category Archives: Economic Strategy
Forget about Spending and Get Serious about the Economy
Washington today, especially the Congress, has a textbook case of cognitive dissonance. A confluence of black swan developments may well…Continue reading
Deficits Matter — But Right Now, Not So Much as…
The conventional Washington wisdom is that the key to economic policy today is deficit reduction for 2011, and battles over…Continue reading
The Economics and Politics of Cutting Deficits
The 2011 battle over the budget brings to mind the U.S.-Soviet nuclear arms talks of the 1970s and 1980s. The…Continue reading
The State of the Union and the Real Meaning of…
Last Tuesday night, the President exhorted Americans to raise our economic game and challenged Congress to give us the means…Continue reading
The Pitfalls of Economic Nostalgia
The United States faces economic problems as daunting as any seen since the 1930s. GDP growth and job creation remain…Continue reading
Taxes and the Art of the Possible
Barack Obama exhibited this week what Machiavelli called the essential quality of a successful statesman, “virtu,†or the capacity to…Continue reading
The Quiet Role of Class in the Coming Budget Battle
The political struggle over how the federal budget will shape American government is now in full swing and likely to…Continue reading
While the President Promotes U.S. Interests Abroad, His Opponents Deny…
Most of Washington is stuck "in what we call the reality-based community . . . people who believe that solutions…Continue reading
The Mid-Term Elections and the Failure, Yet Again, of Trickle-Down…
This week’s seismic shift in the Congress will not change the problems facing its members and the President. This is…Continue reading
Lesson in Economics for the National Deficit Commission
The French statesman Georges Clemenceau famously called war “too serious a matter to entrust to military menâ€; and in the…Continue reading