Economy
Latest
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Could We Go Bungee Jumping Off the Fiscal Cliff?
Read moreIt is a point of consensus among those following the budget that the fiscal cliff would likely be very damaging for the economy in the short term...
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Changes to Income-Based Repayment for Student Loans: "Safety Net or Windfall?"
Read moreOur colleagues Jason Delisle and Alex Holt of the New America Foundation's Federal Education Budget Project have released a new paper "Safety Net or...
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Social Security Adjustments Announced Today
Read moreWith the release of September inflation numbers from the Bureau of Labor Statistics, the Social Security Administration also announced its cost-of...
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Quantifying the Effects of Uncertainty
Read moreWe have seen many lawmakers and business leaders claim that the fiscal cliff is holding back the recovery and leading to higher unemployment, and in...
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Event Recap: "Economic and Foreign Policy Implications of America's Debt"
Read moreThe Center for Strategic and International Studies hosted an event today chaired by former Senators Sam Nunn (D-GA), who is a member of the steering...
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CBO Projects a Recession -- But How Deep?
Read moreWe've warned many times before that going off the fiscal cliff would throw the economy into a double dip recession. With CBO's updated budget and...
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Goldman Sachs On the Fiscal Cliff
Read moreIn a new investor note, Alec Philips of Goldman Sachs produced a useful new chart comparing three different scenarios for extending all the fiscal...
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How Long Will Low Interest Rates Last?
Read moreAre we really borrowing for free, and should we be taking advantage of it? Over the last few years, we’ve seen interest rates continue to fall to...
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The Concord Coalition Provides Fiscal Lessons From Europe
Read moreThe Concord Coalition has just unveiled a new paper, authored by Edmund Andrews, Joe Minarik, and Diane Lim Rodgers, called " Not Just Their Problem...
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It's Not Free Money
Read morePaul Krugman and other advocates of more federal stimulus spending cite today’s extremely low real interest rates, near zero or negative, as reason to...
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How Does the Fiscal Cliff Compare to Past Deficit Reduction in the U.S.?
Read moreIn evaluating the fiscal cliff, it is interesting to see how it compares to past cases where the federal government has rapidly reduced deficits. The...
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Zero-Sum Doesn't Quite Cut It
Read moreThe New York Times has an article today entitled " In Washington’s New Mood of Austerity, Legislating Turns Into a Zero-Sum Game," detailing how the...