Econ Comments & Analysis
Washington Post | Slowing the growth of U.S. debt
The recently established House-Senate budget negotiating committee presents the opportunity to solve two major national problems: preventing the future explosion of the national debt and increasing current growth and employment.
WSJ | The Biggest Fiscal Losers
Don't blink, but the U.S. is making some short-term fiscal progress. The main reasons are good (the budget caps and sequester) and bad (the January tax increase), but in any event the final budget numbers for fiscal 2013 are instructive.
Blogs
Library of Economics | Did the Federal Spending Cuts Slow Growth
If you look at macroeconomic policy since last fall, there have been two big moves. The Federal Reserve has committed to much bolder action in adopting the Evans Rule and QE3. At the same time, the country has entered a period of fiscal austerity. Was the Fed action enough to offset the contraction?
