Saturday, May 18, 2013 GMT

Jun 21 2010

Bait and Switch: Raising the National Deficit by Stealth

Like a relentlessly advancing cancer, the news about the US fiscal deficit and the accumulated debt, which is its result, keeps getting worse.  Every week the press discloses some supposedly “new” information about either the federal budget, economic failure, projections of economic growth, the effects of the so-called “doc fix” (about which we have written [...]