Posts Tagged deficit

Deficits

I remain convinced that America has two deficits–one fiscal, and one informational. The economic deficit is important, but the deficit in basic understanding of the world we inhabit is arguably the bigger problem. Case in point, as Steve Benen reports at Maddowblog: debates about the deficit. As it happens, the budget deficit is getting smaller. In [...]

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Burning Down the Village to Roast a Pig

One of my favorite lines from a Supreme Court decision was delivered in the opinion striking down the mis-named “Internet Decency Act.” The Court compared the measure to burning down a village to roast a pig. The “pig” this time is the budget deficit, which is unquestionably a very significant problem. Unfortunately, Congress is attacking [...]

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Moral Deficit

There are plenty of issues that people of good will see differently. For example, most Americans—at least the ones I know—consider themselves fiscal conservatives, but that doesn’t mean they necessarily agree about which policies are fiscally responsible. Depending upon their understanding of economics, some people will argue that now is the time to cut back [...]

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