Whenever I attempt to explain things about the economy to friends and family, their eyes glaze over, they give a few head nods and grunts of approval, but really they just wait for a chance to change the subject. Similarly, when I express my enthusiasm for baseball, people act surprised exclaiming, “But baseball is so … Continue reading
The short answer is: maybe. On Wednesday, during the Senate Banking Committee hearing, Senator Elizabeth Warren grilled Federal Reserve Chairman Ben Bernanke on the $83 billion implicit subsidy that big banks receive from low interest rates. That night, Fox Business News’ Gerri Wilson misquoted the figure, expressing outrage over the “$83 trillion dollars, you know, … Continue reading
By Will Portman The U.S. needs deficit reduction, but there’s such thing as too much of a good thing — or, in the case of the end-of-year “fiscal cliff” the country is approaching, implementing too much of a good thing much too quickly. In the absence of congressional action, a slew of tax increases and spending … Continue reading
Policy Interns 
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