Executive Summary Introduction The national debt is fundamentally a generational issue. Running large budget deficits to finance tax cuts or spending increases today places an undue burden on younger and future generations. By borrowing more today, policymakers are effectively promising higher taxes and lower spending on future taxpayers and government beneficiaries. At the very least, younger and future generations will see interest … Continue reading
Category Archives: Fiscal Cliff
America / Debt / Economy / Fiscal Cliff / Fiscal policy / Politics / Tariffs / Taxes / Trade / U.S. Domestic Policy
Recession Risk in 2025: A Weighted Logit Model with Policy Insights
An overheating economy, high policy uncertainty, and declining consumer confidence pose recession risks of 53 percent as of April 2025. This paper employs a weighted logit model to aid policymakers in early intervention. Key indicators include consumer expenditure, yield curve, disposable income, and economic policy uncertainty, enhancing prediction accuracy in recession modeling. Continue reading
The Fiscal Cliff, Leadership and Mike Tomlin
Sports make a great microcosm to understand life. That is why so many young children are encouraged to play because of the transferable skills that they learn by playing their respective games. Therefore, as our political elites attempt to “resolve” the fiscal cliff there is one important lesson they should learn from sports. After all … Continue reading
Debt / Economy / Fiscal Cliff / Tax
Why do Democrats Want to Raise Taxes?
Last Thursday, Treasury Secretary Tim Geithner presented Congress with the Obama administration’s plan intended to avert the impending fiscal cliff. The plan was, quite literally, laughable. It called for $50 Billion in new stimulus spending, the end of Congressional authority to raise the debt limit, $1.6 Trillion in new revenues from higher taxes on the … Continue reading
America / Debt / Europe / Fiscal Cliff / Taxes
Cult of Uncertainty: The Catalytic Hysteria Surrounding the Fiscal Cliff in Europe
The attention surrounding the Fiscal Cliff has escalated it from an issue of domestic panic to international concern. While the direct impact of the event involves strictly domestic policies, the resulting uncertain economic forecast stateside has created detrimental consequences for European markets that are reliant on the United States for trade. The suggested calamity results … Continue reading
Policy Interns 
You must be logged in to post a comment.