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Ryans Historical Averages Are Irrelevant to Budget Debate

Originally published on Capital Gains and Games. I was sorely tempted to devote this week’s Fiscal Fitness to what happened in the 1970s when some very well-intentioned people tried to implement an Etch-A-Sketch federal budget process called zero-based budgeting. ZBB,...

Lemmings

Europe's in crisis. Unemployment is at a fifteen-year high after climbing for ten straight months, thanks to the austerity measures imposed on it by conservative leaders in France, Germany, and the international financial community. But if you think things are bad...

The Best Congress the Banks’ Money Can Buy

With Michael Winship Here we go again. Another round of the game we call Congressional Creep. After months of haggling and debate, Congress finally passes reform legislation to fix a serious rupture in the body politic, and the President signs it into law. But the...

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