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WASHINGTON -- An insistent question of our time is how much government debt is too much. Is there some debt level that becomes crushing as opposed to merely costly? The controversy over research by economists Carmen Reinhart and Kenneth Rogoff shows how...
WASHINGTON -- There is something profoundly timid about President Obama's proposed $3.778 trillion budget for 2014. Stripped of boasts about "investments" for the future and a responsible "balance" between deficit reduction and economic growth, the budget...
The most ironic part of the partisan fight over the "fiscal cliff" is that, if Republicans want Barack Obama to act according to Republican principles, they should encourage the president to do nothing and simply let the country — and the...
WASHINGTON -- Logically, what happens in Cyprus should stay in Cyprus. With a population of just over 1 million and an economy that's a mere 0.2 percent of the 17-nation eurozone, the country seems too small to matter on the world stage. Yet, that's where...
You've heard the old joke about the stockbroker showing a friend all the luxuries he's bought with the commissions paid by his customers — big house, big car, big yacht. And the friend asks, "But where are the customers' yachts?" The joke needs...
WASHINGTON -- How big is the national debt? You'd think this would be an easy question. Surely we know how much the government owes. Unfortunately, it's not that simple. The true national debt could be triple the conventional estimate, anywhere from $11...
WASHINGTON -- President Obama and Democrats want more jobs. So do Republicans. Heck, everyone does. Yet, job creation is weak. It's true that the economy has generated 5.5 million jobs from its low point. Still, there are 3.2 million fewer jobs now than...
WASHINGTON -- The American Century is dead. Long live the next American Century. The subtext of political debate these days is that the United States is in decline -- a proposition often portrayed as self-evident. The economy lacks dynamism;...
Dear Socially Liberal Fiscal Conservative Friend, That's pretty toothy, so I'm going to call you Bob. But whatever specific name you go by, Bob, you know who you are. You're the sort of person who says to his conservative friends or co-workers...
WASHINGTON -- How to explain this budding "bromance," as First Lady Michelle Obama puts it, between her husband and Bill Clinton? The 44th president and the 42nd president are indeed having a whirlwind affair in the closing days of the campaign....
World NowFrance approves the European treaty to limit public spending, a key element in Europe's strategy to combat its debt crisis. Critics say that it will enshrine austerity into French law....
Change of SubjectWith the economy the likely focus of Wednesday night’s first debate between President Barack Obama and GOP challenger Mitt Romney, I invited veteran reporter Scott Reeder (right), the journalist in residence at the Illinois Policy Institute, a free-...
Apr 24, 2013 |Column| Orlando Sentinel
Apr 11, 2013 |Column| Orlando Sentinel
Dec 11, 2012 |Column| Baltimore Sun
Mar 20, 2013 |Column| Orlando Sentinel
Mar 6, 2013 |Column| Los Angeles Times
Feb 25, 2013 |Column| Orlando Sentinel
Feb 18, 2013 |Column| Orlando Sentinel
Jan 28, 2013 |Column| Orlando Sentinel
Jan 18, 2013 |Column| Orlando Sentinel
Oct 29, 2012 |Column| Orlando Sentinel
Oct 9, 2012 | Los Angeles Times
Oct 2, 2012 | Chicago Tribune
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