The Congressional Budget Office's Alternative Scenarios Forecast a Dire Economic Picture
Why aren't politicians on both sides more worried than they seem to be?
Why aren't politicians on both sides more worried than they seem to be?
Despite their informal nature, those norms have historically constrained U.S. fiscal policy. But they're eroding.
Congress has authorized over $12 trillion in emergency spending over the past three decades.
Years ago, when interest rates were low, calls for the federal government to exercise fiscal restraint were dismissed. That was unwise.
At a minimum, the national debt should be smaller than the size of the economy. A committed president just might be able to deliver.
Big corporations and entire industries constantly use their connections in Congress to get favors, no matter which party is in power.
Plus: tax revolts, Mrs. America, sex-worker comedy, reopening poll, and more...
Looking at better and worse projections.
Former BB&T Bank CEO John Allison vs. Moody's Mark Zandi
We will make it through the weekend, folks, but our problems will outlast the current president, alas.
Good government measures can reduce unemployment during a recession.
The country may be limping along, but we did it to ourselves.
Former Fed chief Alan Greenspan seems blind to his role in the housing bubble, the financial crisis, and the recession.
Deal struck with French company and Chinese investors
Despite constant assurances that America is "poised for growth," all evidence points to an economy that's going nowhere.
If you keep people guessing, they're unlikely to take risks
And the world did not end
Oh, that's right. The government remains completely irresponsible.
Yes, the feds really want to replicate the mistakes of the past
It's a nice place to visit but, really, don't move there
That outstrips the actual poverty rate
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