Tags » Fiscal Profligacy

The Lost Consistency of European Policy Makers

Just a quick note on something that went surprisingly unnoticed so far. After Draghi’s speech in Jackson Hole, a new consensus seems to have developed among European policy makers, based on three propositions: 567 more words

EMU Crisis

Business as usual in Congress

NEWS FLASH!  STOP THE PRESSES! In an UNPRECEDENTED development, bipartisan support has been found for increasing spending in Washington!

 http://www.nytimes.com/2013/12/18/us/politics/budget-deal-offers-a-reprieve-from-washington-paralysis.html?_r=0

I don’t know about anyone else, but this new spirit of bipartisanship in a previously hopelessly divided and gridlocked Washington makes me feel all warm and fuzzy inside.  263 more words

Fiscal Restraint Forestalls Only Long-Term Consequences

Cruz and Lee are Easy Demonized:  The Short-Term Consequences of the So-Called “Shutdown” are More Keenly Felt Than the Long-Term Consequences of Continued Government Profligacy… 912 more words

Australia’s Future Fiscal Shock | Centre For Independent Studies

by Robert Carling

Long-term prospects for Australia’s public finances are not receiving the attention they deserve. It is one thing for Commonwealth and state governments to balance their budgets in the short term, as they are attempting to do, but spending commitments are being made as though nothing beyond the four-year horizon of the forward estimates matters.

67 more words
Australia & NZ

Cato Institute gives Bill Clinton credit

Spending Restraint, Part I: Lessons from Ronald Reagan and Bill Clinton

Uploaded by afq2007 on Feb 14, 2011

Ronald Reagan and Bill Clinton both reduced the relative burden of government, largely because they were able to restrain the growth of domestic spending. 968 more words

Spending Out Of Control