During the presidential campaign, Donald Trump promised to save Social Security and to protect Medicare. But since he made those commitments he seems to have gotten much closer to Paul […]

Keeping in mind that the Federal Government cannot involuntarily “run out of money” because of its constitutional money-creating capacity, then the answer to the question in the title is “of […]

The Congressional Budget Office (CBO), Social Security Administration, and other economic projections show Social Security and Medicare programs drawing down the balances in the “trust funds” and eventually creating an […]

Steven Hill, a Senior Fellow at the New American Foundation, has some advice for Hillary Clinton. He wants her to run on “. . . a bold issue that fires […]

Contemplating the likelihood that Hillary Clinton will win the presidential election, and may well carry in with her a Democratic House and Senate Paul Krugman considers what he ought to […]

Or, I might add, for any other obligation the Federal government cares to honor. Some time ago, in the pages of USA Today, Duncan Black, better known to some as […]

This book is about a counter-narrative to austerity politics. It exposes its fallacies, and, I hope, its closed-mindedness and futility. It also offers a way out of austerity politics. That […]

We need big, big changes in the United States. Many of them will require the Federal Government to spend unprecedented amounts, including deficit spending to enable us to solve problems […]

This is how the mission of the President’s National Commission on Fiscal Responsibility and Reform was defined by the White House on February 18, 2010: The Commission is charged with […]

Below is an excerpt from my most recent e-book: Real Fiscal Responsibility, Vol. I: The Progressive Give-up Formula. The book is volume I of II critiquing austerity politics at the […]