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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;...
WASHINGTON -- The U.S. economy grew even faster in the third quarter than previously thought, but the current period is looking much weaker and many analysts see a sharper pullback early next year if the government's fiscal problems aren't resolved very...
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...
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...
Currently, federal revenues cover about two-thirds of federal spending. The government borrows money to fill the gap. The more the government borrows, the bigger the national debt, which began rising sharply during George W. Bush's presidency and has...
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-...
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....
The Eurozone is back in a recession, its first in three years, as gross domestic product for the debt-plagued 17-nation bloc contracted 0.1% in the third quarter from the earlier quarter. In the second quarter, the currency collective tightened 0.2%,...
MEET THE CANDIDATES When Marylanders head to the polls Nov. 6, they will elect members of the U.S. Senate and House of Representatives in addition to casting their ballots for president. Dozens of people are running for a chance to represent the...
The almost two decades since the Clinton tax increase in 1993 have constituted a mighty experiment in macroeconomics. That period — more than a quarter of the entire postwar era — is divided into two periods of almost one half each, the...
Jan 28, 2013 |Column| Orlando Sentinel
Dec 20, 2012 |Story| Los Angeles Times
Jan 21, 2013 |Story| Baltimore Sun
Dec 11, 2012 |Column| Baltimore Sun
Oct 16, 2012 |Story| Chicago Tribune
Dec 17, 2012 |Story| Los Angeles Times
Oct 9, 2012 | Los Angeles Times
Oct 2, 2012 | Chicago Tribune
Oct 29, 2012 |Column| Orlando Sentinel
Nov 15, 2012 |Story| Los Angeles Times
Nov 1, 2012 |Story| Baltimore Sun
Oct 22, 2012 |Story| Baltimore Sun
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