Today’s humor break: Remy does the Debt Ceiling Rap (with some asides about monetary policy): Best line: “I got a monetary plan, and it involves a lot of toner.”
Posts Tagged ‘Debt’
Raise the Debt Ceiling Rap
Posted in Budget, Macroeconomics, tagged Budget, Debt, Debt Limit, Federal Reserve, Humor, Macroeconomics on July 26, 2011 | 2 Comments »
Does the Gang of Six Cut Taxes or Raise Them?
Posted in Budget, Politics, tagged Budget, Debt, Deficit, Taxes on July 20, 2011 | 5 Comments »
Here’s a quick multiple choice quiz about the Gang of Six’s new budget proposal. Over the next ten years, would the proposal: a. Cut taxes by $1.5 trillion b. Increase taxes by $2.0 trillion c. Increase taxes by $1.2 trillion d. All of the above. If you answered (d), you have a fine future as [...]
Let’s Eliminate the Debt Limit
Posted in Budget, Politics, tagged Budget, Debt, Debt Limit on July 18, 2011 | 10 Comments »
My latest column at the Christian Science Monitor: America’s leaders need to get to yes on a budget deal – one that marries substantial deficit cuts with a much-needed increase in the debt limit. But that’s not enough. Rather than merely increasing the debt limit, we should eliminate it. I realize that sounds strange. With [...]
A Big Error in the Senate Republicans’ Balanced Budget Amendment
Posted in Budget, Politics, tagged Budget, Debt, Deficit, Politics on July 6, 2011 | 5 Comments »
Senate Republicans made a striking error in the balanced budget amendment they introduced last week. As written, the amendment would limit federal spending far more than those senators realize or, I suspect, desire. The Republicans want the budget to be balanced by keeping spending down rather than by raising tax revenues. They thus propose limiting [...]
Playing with Fire with the Debt Limit
Posted in Budget, Finance, Politics, tagged Debt, Debt Limit, Finance, Politics, Treasury on June 24, 2011 | 3 Comments »
My latest column in the Christian Science Monitor: America sometimes takes its exceptionalism too far. Case in point: We are the only major economy that talks openly of default. Government debt has ballooned throughout the developed world in the aftermath of the Great Recession. France and Britain are as deep in debt as the United States, [...]
The Day the United States Defaulted on Treasury Bills
Posted in Budget, tagged Debt, Debt Limit, Default, Deficit, Treasury on May 26, 2011 | 35 Comments »
Since the day of Alexander Hamilton, the United States has never defaulted on the federal debt. That’s what we budget-watchers always say. It’s a great talking point. One that helps bolster the argument that default should not be an option in Washington’s ongoing debt limit slowdown. There’s just one teensy problem: it isn’t true. As [...]
Cut Spending by Raising Taxes
Posted in Budget, tagged Budget, Debt, Deficit, Taxes on May 24, 2011 | Leave a Comment »
My latest column at the Christian Science Monitor argues that we can cut spending by raising taxes: Here’s a shocker: America can cut government spending by eliminating tax breaks. I know that sounds crazy. Everyone usually talks as if spending and tax breaks are distinct. Spending is what the government gives out or uses for [...]
Debt Limit: Routine or the End of the World?
Posted in Budget, Politics, tagged Debt, Deficit, Humor, Politics on May 14, 2011 | 1 Comment »
ht: Bruce Bartlett
Most Requested
Twitter
Get Updates by Email
Get Updates by RSS
Share or Bookmark
-
Recent Posts
- Energy Security, the Infographic
- The Fight over Medicare Double Counting
- Why Free is a Bad Price, American Airlines Edition
- Jobs Report – The Soft Side of Mediocre
- Investing in Memories, Ocelot Edition
- Advanced Game Theory, Golden Balls Edition
- Entitlement Spending in One Picture
- Talking Tax Reform on the PBS Newshour
- The Federal Budget in One Picture
- Should We Blame TurboTax for Tax Code Complexity?
- How Big Are Tax Preferences?
- Should High Heels Be Taxed?
- Canada Will Eliminate the Penny
- Public Service Announcement: There Is No Health Care Tax on Home Sales
- Long Spots, Short Stripes
30-Second Economics
Tags
Categories
Archives
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
Translate this blog into
