Archive for the The Fiscal Times Category

Time for an Obama Gut-Check on Taxes

President Obama must decide this fall whether to confront not just congressional Republicans but a growing number of Democrats on a key matter of public policy – President George W. Bush’s tax cuts for those at the top. His decision will have enormous implications for fiscal policy, […]

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The Vicious Cycle of Fiscal Incoherence

As recent developments illustrate, we are in a vicious cycle of fiscal incoherence: our leaders speak cynically, if not dishonestly, about our fiscal problem, fueling public ignorance that presents more opportunity for our leaders to speak cynically and dishonestly, fueling even more public ignorance. Such ignorance can […]

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What Would GOP Gains in November Mean?

Despite President Obama’s impressive first term on the domestic front, with the recent financial reform bill joining health reform and last year’s stimulus measure as major accomplishments, the shaky recovery and high unemployment continue to bolster Republican prospects in this fall’s mid-term elections. New York Times columnist […]

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G-20 May Signal Turning Point

The G-20 summit marked what could prove a historic turning point in economic history – a moment when the United States and its allies split over the near-term direction of economic policy, with potentially huge implications for the future prosperity and living standards for people the world […]

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Deficit-Cutting, Consensus, and Crisis

“This one is as clear as a bell,” Erskine Bowles, co-chairman of President Obama’s fiscal commission, told the National Governors Association on Sunday in describing the nation’s looming deficit and debt problem. Bowles was differentiating the fiscal challenge, which is plain for all to see, from the […]

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