The drumbeat of worry is growing as the US approaches the fiscal cliff, when the Bush tax cuts and Obama payroll tax cuts expire and automatic spending cuts kick in just as Congress debates extending the debt ceiling yet again.… More…
Tag Archives | spending cuts
Mitt Romney’s Supply Side Delusions
Republican presidential nominee Mitt Romney is a very smart man and a great businessman, as is clear from Michael Kranish and Scott Helman’s The Real Romney, which I’m reading now.
But politics must addle the brain like Southern Comfort … More…
Keynesians Try Another Comeback
The economic philosophy of John Maynard Keynes had a brief revival after the financial crisis of 2008. Desperate politicians tried to save the global economy–and their own jobs–by launching stimulus plans to plug an “output gap,” the gaping hole that … More…
The GOP Throws Defense under the Bus
All the players in Washington are congratulating themselves on raising the debt ceiling and staving off default. House Speaker John Boehner crowed that he… More…
The Tea Party’s Moment of Truth
The Tea Party looks like it’s won a big victory—the “grand bargain” that President Obama and Speaker of the House John Boehner were negotiating has collapsed, and with it any hope by Democrats that a big deficit-reduction package would include … More…
Howard R. Gold
I’m an award-winning business and financial journalist and an independent-minded citizen who is deeply concerned about the challenges facing our country. That’s why I started The Independent Agenda. "
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