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Tuesday, August 30, 2011

Budget

Econ Comments                                                                                                             
WSJ | Another Deficit Standoff This Year? Maybe Not
If you want to be an optimist—and are willing to risk sounding naïve—there actually are reasons to think this effort can work better than the summer's follies.
Politico | Which balanced budget amendment?
If conservatives had a real victory in the debate about raising the debt ceiling, it was in getting Congress members of both parties to support a balanced budget amendment.
CNBC | How Debt Shrinks the Economy
...spending constraint comes from the realization that too much government spending disorganizes and crony-izes the economy.