News
Bloomberg | Americans Back Spending-Cut Delay Amid Budget-Deal Push
Americans want Congress to delay steep spending cuts to give the economic recovery more time to take hold, according to a Bloomberg News poll.
Econ Comments & Analysis
Washington Times | Sequestration was Obama’s idea in the first place
The White House is still trying to stir up a climate of fear over the looming budget sequester that is not supported by the size of its puny spending cuts.
Politico | The great sequester panic
Prepare for the end of food safety as we have known it. For a breakdown in public order. For little children languishing in ignorance. If only Edward Gibbon were here to chronicle the devastation. On March 1, the fabric of our civilization begins to unwind.
CNBC | Automatic Spending Cuts Are a Joke: Druckenmiller
The focus on the sequester is obscuring the real issue which is the exploding cost of entitlements, Stanley Druckenmiller founder of Duquesne Capital, told CNBC's "Closing Bell" on Thursday.
Mercatus | Bowles-Simpson 2.0 Won't Be Enough
Erskine Bowles and former senator Alan Simpson, the two co-chairmen of the President's bipartisan National Commission on Fiscal Responsibility and Reform, put out a new plan to address our long-term debt problems.
Heritage Foundation | High Debt Is a Real Drag
Three teams of economists have separately shown that high government debt has a negative effect on long-term economic growth. When government debt grows, private investment shrinks, lowering future growth and future wages.
Blogs
WSJ | Young Adults Are Shedding Debt Faster Than Older People
Young adults are cutting debt faster than older people and are less in hock to creditors than a decade ago–despite the ballooning of student loans, a new study shows.
