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 […]

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 […]

Most of the world, and most notably the United States, are in the grip of fiscal myths fostered by the ideology of neoliberalism. There is virtual unanimity across the major […]

The intensity of the conflict over the Trans-Pacific Partnership (TPP) has died down since last June, after the Administration won its victory in getting Trade Promotion Authority (TPA) through Congress. […]