All Life Is Problem Solving

The purpose of the President’s recently constituted National Commission on Fiscal Responsibility and Reform as stated in Section 4 of the President’s Executive Order establishing the Commission is: Sec. 4. Mission. The Commission is charged with identifying policies to improve the fiscal situation in the medium term and to achieve fiscal sustainability over the long […]

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On April 28, 2010, the Peter G. Peterson Foundation is sponsoring a “Fiscal Summit” in Washington, DC. The purpose of the Conference, which is scheduled for the day after the first meeting of the President’s recently constituted National Commission on Fiscal Responsibility and Reform (btw, where the Conference is happening is a mystery not cleared […]

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In my last post I discussed the Washington Post’s Hooverite anti-deficit campaign and Fred Hiatt’s recent piece in the deficit hysteria genre. Now, let’s look at the latest effort of Robert Samuelson, a well-known WaPo columnist to frighten us some more. Like Fred Hiatt, Samuelson wants President Obama to pivot from health care reform and […]

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Last weekend that so-called epitome of liberal media bias called The Washington Post continued its on-going war on economic recovery and the American people with two salvos on the “crisis” in Government finances created by our “unsustainable” deficits, written by Fred Hiatt and Robert Samuelson. Hiatt and Samuelson are not the only deficit warriors in […]

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Important changes in societal economic philosophy and policies occurred in the United States during the 1980s, after a transition period covering the Carter Administration, and accelerating after the accession of Ronald Reagan to the Presidency. It’s now nearly three decades later, and we can ask how well the transition from Keynesianism to Neo-liberalism has worked. […]

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