Seniors

Why delay austerity decisions?

Lefty and Righty are debating stimulus and austerity over a cup of coffee.

Lefty: Growth of the U.S. economy is slowing due to insufficient domestic demand and headwinds, especially from Europe. We need to make sure we don’t make the same mistakes as…

The President’s economic policy priorities

The President’s 2012 economic policy agenda emphasizes four policy challenges:

1. the loss of American manufacturing employment;
2. America’s dependence on oil;
3. America’s sub-par (my…

The substance of the budget negotiations

It appears the primary action on budget negotiations has shifted from the White House to a discussion between Leaders McConnell and Reid. Still, the White House discussions appear to be continuing, and even if they fall apart, the positions of the various…

The President’s offer is left of Bowles-Simpson

Popular storyline: In an attempt to get a Grand Bargain, President Obama proposed a centrist deficit reduction package. Congressional Republicans rejected that package only because it raised taxes, and were unreasonable for doing so. Like his…