Prospects for action on the fiscal problem

SAFE suggestions: Abolish debt limit, prune spending, don't expand entitlements, don't raise taxes, expect 2020 presidential candidates to support balancing the budget.
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Call for unity in SOTU; don't hold your breath

The president’s address to Congress was politically astute, but it painted an excessively rosy picture of the true "state of the union." Read More...

The other deficit: balance of payments

We agree that the balance of payments deficit with China is of serious concern, but the administration is not making the right moves to combat it. Read More...

Don't count on finessing fiscal problem

The GOP tax cut may have been a reasonable bet, but trillion-dollar deficits are sure to backfire. Read More...
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