Since the financial crisis of 2008, discussion of the role big banks play in the American economy and the inherent risk they represent has faded into the periphery. As with many other areas of public policy, a sustained focus beyond a time of crisis is difficult, due mainly to the relative lack of political will. … Continue reading
Tag Archives: Ezra Klein
Economy / Fiscal policy / Politics / Tax
Avoiding the end-of-year “fiscal cliff”
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
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