News
Washington Times | MILLER: Supercommittee success
GOP focus on entitlement reform is a positive sign for the future.
Econ Comments
Bloomberg | Germany Sees No ‘Bazooka’ in Resolving Debt Crisis as Spanish Yields Surge
Germany rejected calls from allies and investors to do more to counter market turmoil as Spain’s financing costs surged and pressure mounted on Greek political leaders to submit written commitments to austerity measures.
WSJ | Why the Super Committee Failed
Democrats were unwilling to agree to anything less than $1 trillion in tax hikes, and unwilling to offer meaningful reforms for health-care entitlement spending.
National Journal | Toomey: We Were 'Never Very Close' to a Deal
Democrats and Republicans on the congressional super committee charged with finding $1.2 trillion in deficit reduction were “never very close” to a deal, despite several late proposals that looked like they could gain bipartisan support, said panel member Sen. Pat Toomey.
Blogs
Cato @ Liberty | It Goes Beyond the Supercommittee
Obama has proven himself clueless about economics from the time he first entered public life, as evidenced by the economic disaster surrounding him and his party.
Cato @ Liberty | American Politicians Should Copy Canada’s Leftist Government of the 1990s and Cap Spending
Since I’ve written before about Canada’s remarkable period of fiscal restraint during the 1990s, I was very pleased to see that the establishment press is finally giving some attention to what our northern neighbors did to reduce the burden of government spending.
