budget

Brookings is out with a rather strange four-page report purporting to show that it's hard to reduce inequality with tax-and-welfare policies. It doesn't actually show this, but it's getting a lot of play, so it's worth discussing. What It Says Using tax filing units, the authors determined...
10/15/2015
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What will be more important in coming decades: Countering the rise of Chinese military power in East Asia or building U.S. economic strength here at home? If that sounds like a tired guns-vs-butter dilemma, consider a new report by the Carnegie Endowment for International Peace which finds that...
05/02/2013
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Fully established largely in the middle of the 20th century, Europe's universal health care systems are an immense achievement of progressive governance. To this day, these systems remain popular in their respective countries, garnering support and confidence from public majorities. Indeed,...
05/02/2013
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There are two paths to deficit reduction. One is slash and burn. We cut the investments that the country needs. We weaken the purchasing power of seniors. We end up with lower household income, a slower rate of growth and we get the grim satisfaction of budget balance in a weaker and poorer economy...
04/15/2013
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With comments straight out of President Reagan's "welfare queens" playbook, Paul Ryan is attempting to justify his proposed budgets cuts to various programs that help the poor, claiming the safety net "provides a powerful disincentive to get ahead." Never mind that since the 1996 Personal...
04/02/2013
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Paul Ryan is known for his devotion to cutting spending, but even compared to his previous attempts, his latest plan, with its promise to balance the budget by 2023, is remarkable for its severity. It's also notable for how blantantly it renegs on the core principle of the Simpson-Bowles Commission...
03/20/2013
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With over twenty million Americans still unable to find full-time work, Washington can't take its eye off job creation for a minute. That's certainly the feeling of voters, who overwhelmingly told exit pollsters on Election Day last November that fixing the economy should be Congress's number one...
03/20/2013
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A small study out of Yale School of Medicine caught the eye of some observers this week by raising an intriguing question: Do food stamp cuts lead to greater rates of HIV? The study, which will be published in an upcoming edition of the journal AIDS Education and Prevention, takes advantage of a...
03/19/2013
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The most maddening thing about politics today is how often rational analysis gets pushed aside by ideology. Exhibit A right now is the economy. Logic and history dictates that only government has the capacity to offset big shortfalls in demand during deep economic slumps, and any number of leading...
03/18/2013
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President Obama delivers his fifth State of the Union Address on Tuesday. Based on White House leaks, the president will emphasize rebuilding the middle class. He will invoke the importance of education, infrastructure, clean energy, and manufacturing. These are terrific themes, economically and...
02/11/2013
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