As I wrote in Part I, the deficit hawks legitimately claim that huge deficits will hinder investment and kill jobs. But their solutions would make matters worse. What are those solutions? What are alternatives? A leading hawk, C. Fred Bergsten of the Peterson Institute for International Economics, proposes three control measures: containing Medicare and Medicaid . . . → Read More: Deficit Hawk, Progressive Style, Part II
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Deficit hawks are justifiably concerned about ballooning national debt. But their solution–cutting social spending–would make matters worse. . . . → Read More: Deficit Hawk, Progressive Style, Part I |
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