Econ Comments
Globalist | U.S. Futures and Out-of-Control Deficits
Many Americans look at Europe’s financial crisis as something quite removed from their daily lives. But any assumptions that the same couldn’t play out in the United States itself are entirely misplaced…
Blogs
Cato@Liberty | Congress’s Budget in Perspective
A new poll conducted for The Hill found that 67 percent of likely voters think members of Congress should take a pay cut.
Atlantic: McArdle | Is a Workable Eurodeal Actually in the Works?
Italy is pressing forward with a package of austerity reforms, including tax increases on the wealthy, a ban on cash transactions over $1,000 (to reduce tax evasion), and a fairly radical pension reform which will raise retirement ages and change the way that pensions are calculated from a final-years-salary scheme to something more like the US Social Security system, which is based on average contributions over your whole career.
