In the information age, Americans’ political allegiances go far beyond their neighborhoods. By Samuel J. Abrams and Morris P. Fiorina.

Edward Lazear, the Morris Arnold Cox Senior Fellow at the Hoover Institution and former chairman of the President's Council of Economic Advisers, discusses President Barack Obama's proposed budget for fiscal 2012. Lazear notes that capital is mobile, so that taxes need to be lower to keep investments in the United States. Lazear tells Margaret Brennan on Bloomberg Television's InBusiness that we cannot solve our long-term fiscal problems by raising taxes, rather, we need to cut spending.

Edward Lazear, the Morris Arnold Cox Senior Fellow at the Hoover Institution and former chairman of the President's Council of Economic Advisers, offers insight into the current economic recovery, noting that the United States is beginning to slow down again. Lazear recommends that US economic policies focus on the long term and the necessary reforms to lower taxes, improve trade policies, and put in place solid economic strategies to help businesses and the economy prosper.

Edward Lazear, the Morris Arnold Cox Senior Fellow at the Hoover Institution and former chairman of the President's Council of Economic Advisers, offers insight into the current economic recovery, noting that the Fed tools are not strong and asking whether the cost of more stimulus justifies the benefits. Lazear believes the United States needs to think of long-term growth and structural changes, such as lower taxes and better trade policies, rather than more stimulus.

Edward Lazear, the Morris Arnold and Nona Jean Cox Senior Fellow at the Hoover Institution and former chairman of the President's Council of Economic Advisers, offers insights into the current jobs’ numbers, noting that the US job creation is not able to keep pace with the growing population. Lazear noted four policy areas that would help economic growth: a tax code that is pro-growth; an increase in trade; getting spending under control; and looking at the cost benefit of regulations.

Edward Lazear, the Morris Arnold and Nona Jean Cox Senior Fellow at the Hoover Institution and former chairman of the President's Council of Economic Advisers, in discussing the immigration legislation being considered by the US Senate, recommends supporting a liberal immigration policy. Lazear also weighs in on the Federal Reserve’s monetary policy.

Does the ideology of the Democratic nominee matter when in comes to the 2020 general election? As the first Democratic nominating contests draw closer, the debate over that crucial tactical question has begun to take form in journalistic and scholarly quarters. 

Edward Lazear, the Morris Arnold Cox Senior Fellow at the Hoover Institution and former chairman of the President's Council of Economic Advisers, offers insights into the current economic recovery, noting that we are a long way from where we need to be. In assessing Mitt Romney’s plan for the economy, Lazear says that the US economy is not seeing the recovery we need because the focus has been on short-term growth that gives a quick bump to the economy but does not really change anything. The United States, Lazear avers, needs long-term structural changes, such as broadening the tax base, lowering the tax rates, and improving trade, for the economy to recover.

With Labor Day weekend in the rear-view mirror, we turn to the sprint portion of the campaign season.