Image credit: Taylor Jones

“Where are we now?” (Wall Street Journal). Hoover fellows George P. Shultz, the Thomas W. and Susan B. Ford Distinguished Fellow and chair of the Energy Policy Task Force; John B. Taylor, the George P. Shultz Senior Fellow in Economics and chair of the Working Group on Economic Policy; Michael J. Boskin, senior fellow and member of the Task Force on Energy Policy; John F. Cogan, the Leonard and Shirley Ely Senior Fellow and member of the Working Group on Economic Policy; and Allan H. Meltzer, distinguished visiting fellow at the Hoover Institution, collaborated on a Wall Street Journal article titled “The Magnitude of the Mess We're In.” The article addresses the state of our economy, discussing federal government annual spending, federal budget deficits, and fixes to the problems.