What Causes Government Spending to Go Down: Circumstance or Ideology?
Posted: February 21, 2013 Filed under: Deficit Spending, Uncategorized Leave a comment »http://reason.com/blog/2013/02/20/what-causes-government-spending-to-go-do
Niall Ferguson on the Generational Compact
Posted: June 23, 2012 Filed under: Deficit Spending, Uncategorized Leave a comment »Sent to you via Google Reader
Niall Ferguson on the Generational Compact
Public Debt
Posted: January 4, 2012 Filed under: Deficit Spending, Uncategorized Leave a comment »Steve Landsburg has a different take on the “public debt doesn’t matter if we owe it to ourselves” claim. As usual, Steve highlights surprising truths that go unseen until he turns the spotlight of his intellect on them. And while I agree with him that the size of the public debt (measured relative to whatever benchmark) is more manageable in a growing market economy than many people (especially of late – but not always – conservatives) believe, the historical reality that growing public debt in the U.S. during the 20th century hasn’t led to the often-predicted calamaties is insufficient reason to regard a large and growing public debt as a problem insufficiently worrisome to warrant serious attention. See, for example, the link just above to Jim Agresti’s summary stats.
More generally, because debt financing does indeed allow politicians and voters today to saddle taxpayers tomorrow with the bill for today’s government expenditures, the likely result of ready recourse to deficit financing is more unwise government spending than would occur if current spending had to be funded by current tax receipts.
If A gets to spend B’s money to purchase goodies for A (or even for C), then A will not only spend more, but will spend more carelessly, than if a larger chunk of what A is spending is…
Krugman’s response to Alex
Posted: January 4, 2012 Filed under: Deficit Spending, Uncategorized Leave a comment »Sent to you via Google Reader
Krugman’s response to Alex
John Lott’s Website: Does the New York Times ever fact check Krugman?
Posted: October 21, 2011 Filed under: Deficit Spending, Uncategorized Leave a comment »http://johnrlott.blogspot.com/2011/10/does-new-york-times-ever-fact-check.html
Explaining Our Debt Problem
Posted: September 8, 2011 Filed under: Deficit Spending Leave a comment »http://healthblog.ncpa.org/explaining-our-debt-problem/
Robert Barro: Keynesian Economics vs. Regular Economics – WSJ.com
Posted: August 24, 2011 Filed under: Deficit Spending, Keynesian Economics, Stimulus, Uncategorized Leave a comment »http://online.wsj.com/article/SB10001424053111903596904576516412073445854.html?mod=googlenews_wsj
Who owns the U.S.?
Posted: August 14, 2011 Filed under: Debt Ceiling, Deficit Spending Leave a comment »http://globalpublicsquare.blogs.cnn.com/2011/07/21/who-owns-america-hint-its-not-china/
Review & Outlook: America Gets Downgraded – WSJ.com
Posted: August 10, 2011 Filed under: Debt Ceiling, Deficit Spending, Uncategorized Leave a comment »
If we are to survive the looming catastrophe, we need to face the truth
Posted: August 10, 2011 Filed under: Debt Ceiling, Deficit Spending, Welfare Leave a comment »Spending Cuts
Posted: August 3, 2011 Filed under: Deficit Spending, Uncategorized Leave a comment »Sent to you via Google Reader
Spending Cuts
Remy Does It Again…Debt Ceiling Version!
Posted: July 26, 2011 Filed under: Deficit Spending Leave a comment »http://www.youtube.com/watch?v=EoS52fVtVQM
Geithner: “We Write 80 Million Checks A Month”
Posted: July 26, 2011 Filed under: Deficit Spending, Government Employees Leave a comment »http://www.realclearpolitics.com/video/2011/07/25/geithner_we_write_80_million_checks_a_month.html
Budget games: Debt ceiling plan counts on war savings
Posted: July 26, 2011 Filed under: Deficit Spending Leave a comment »http://money.cnn.com/2011/07/25/news/economy/debt_ceiling_military_spending/
In Debt Speech, Obama Quotes Reagan, Forgets to Quote Himself
Posted: July 26, 2011 Filed under: Deficit Spending Leave a comment »http://reason.com/blog/2011/07/25/in-debt-speech-obama-quotes-re
How Big is the US Debt?
Posted: April 15, 2011 Filed under: Deficit Spending Leave a comment »http://www.youtube.com/watch?v=Q-w-8fXzwQE
The Day When the Debt Comes Due – Economic View – NYTimes.com
Posted: March 26, 2011 Filed under: Deficit Spending, Stimulus, Uncategorized Leave a comment »http://www.nytimes.com/2011/03/27/business/27view.html
DeLong vs Cowen
Posted: March 18, 2011 Filed under: Deficit Spending, Stimulus Leave a comment »http://cafehayek.com/2011/03/delong-vs-cowen.html
The Fiscal Illusion and How to Face It – Economic View – NYTimes.com
Posted: March 6, 2011 Filed under: Deficit Spending, Stimulus, Uncategorized Leave a comment »http://www.nytimes.com/2011/03/06/business/06view.html?_r=2
Thomas Sowell, on States: “They should go bankrupt. I’m looking forward to it.”
Posted: January 25, 2011 Filed under: Deficit Spending, Federal Reserve, Uncategorized Leave a comment »Sent to you via Google Reader
Thomas Sowell, on States: “They should go bankrupt. I’m looking forward to it.”
Global Debt Clock
Posted: September 22, 2009 Filed under: Deficit Spending Leave a comment »http://buttonwood.economist.com/content/gdc