balanced budget Archive

Debt ceiling dynamics

My best guess is there will be little or no fight over the debt ceiling extension. I think the President will agree to pretty much whatever the Republicans want, and get more than enough Democrats to join him. Best I can tell, the entire Congress agrees the deficit is a long term ...Read More

post boat ride recap and a reader’s questions answered

After my brief recap is my response to a very good and typical inquiry I thought I’d pass along. Meanwhile, the tax cuts were extended, and perhaps a bit of restriction removed, eliminating that source of risk of a sharp contraction that could have happened otherwise. With the 2%, 1 year reduction ...Read More

Press Release

MOSLER FOR SENATE Tea Party’s Economic Agenda Would Cause Next Great Depression Says Former Tea Party Democrat Waterbury, CT – August 30, 2010, Warren Mosler, Independent candidate for US Senate, former Tea Party Democrat, and frequent speaker at Tea Party rallies, lashed out today at the political movement for its ill-thought demands ...Read More