News
Washington Times | Obama enlists business, labor in spending push
A day after enlisting veterans to help him fight congressional Republicans for a second economic stimulus plan, President Obama joined forces with big labor and big business Wednesday to pressure lawmakers for more spending on federal construction projects.
Econ Comments
Washington Times | WOLF: Prosperity starts with Americans, not Uncle Sam
All told, our governing class - Republicans and Democrats - has spent on the order of $5 trillion we don’t have on jobs that never materialized, in some cases in zip codes that don’t even exist.
Financial Post | Voters and debt
Time to stop overlooking the fiscal flaws of democracy.
Blogs
Telegraph | When debt levels turn cancerous
My own suspicion is that debt has very powerful “intertemporal effects” that are not factored into the models. It steals growth from tomorrow, until there is little left to steal.
