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As we begin the new year, one of the biggest problems that Americans face is, of course, the economy...
In 2009, GDP in the U.S. is expected to be about $900 billion below its normal growth path...
The incoming Obama administration and congressional Democrats are now considering a second fiscal stimulus package, estimated at more than $500 billion, to follow the Economic Stimulus Act of 2008...
"The economy is sound."...
The truest thing that Senator John McCain said during this election campaign is what got him into the most trouble: "The economy is sound."...
Chief Justice John Marshall said it all in one sentence: "The power to tax is the power to destroy."...
In order to promote a much smoother functioning of the financial system, it is paramount to distinguish between the immediate steps needed to cope with the present crisis and the long-run reforms needed to reduce the likelihood of future crises...
Congress's initial rejection of the Bush Administration's $700 billion bailout plan calls to mind an unhappy precedent...