Blogs
CATO | Sweden, Spending Restraint, and the Benefits of Obeying Fiscal Policy’s Golden Rule
When I first started working on fiscal policy in the 1980s, I never thought I would consider Sweden any sort of role model.
WSJ | Quantifying Uncertainty in Obama’s Budget
When President Barack Obama’s fiscal 2015 budget was released earlier this month, the tables in the back showed the federal deficit steadily declining from 3.7% of the gross domestic product to 1.6% of GDP in 2024. But the “Analytical Perspectives” volume, usually released with the budget, was delayed until this week. Now that it’s out, you can put that 1.6% number, well, in perspective.
