Even though I deny that there is a deficit/debt/debt-to-GDP ratio problem, I thought I’d get in on the fun everyone is having this month and offer my own deficit reduction plan. It prescribes 1) Keeping average interest rates at 0.0226; 2) finding a way to increase the growth in nominal GDP from an average annual […]
A New “Progressive” Deficit Reduction Plan
December 14th, 2010 · Comments Off on A New “Progressive” Deficit Reduction Plan
Tags: Politics
The “Progressive” Give-Up Formula Is Alive and Well In the Latest Deficit Reduction Plans
December 14th, 2010 · Comments Off on The “Progressive” Give-Up Formula Is Alive and Well In the Latest Deficit Reduction Plans
Self-styled “progressive organizations” and commentators have been releasing their own deficit reduction plans in reply to the plans released by Erskine Bowles and Alan Simpson, Alice Rivlin and Pete Domenici, and The Peterson-Pew Commission. These new plans, were released by the Institute for America’s Future, Citizens Commission on Jobs, Deficits, and America’s Economic Future and […]
Tags: Politics