Tag: Biden, Joseph R Jr

How Big Spending Got Its Groove Back

Now, it’s true that the big spending plans in the pipeline include “pay-fors” — that is, they include offsetting savings and revenue increases, so they won’t explicitly involve simply borrowing to pay for public investment. But the dissipation of debt panic means that Democrats won’t worry too much about how convincing those pay-fors look.

Read original

Read More

Wonking Out: Economic Nationalism, Biden-Style

If you’re under 50, you probably don’t remember when Japan was going to take over the world. But in the late 1980s and early 1990s, many people were obsessed with Japan’s economic success and feared American decline. The supposedly nonfiction sections of airport bookstores were filled with volumes featuring samurai warriors on their covers, promising to teach you the secrets of Japanese management.

Read original

Read More

How Biden Can Help Vaccinate the World

Let’s begin with a quick quiz question: What’s the highest-return investment you can think of? Private equity? A hedge fund?

Here’s something with a far higher return: a global campaign to vaccinate people in poor countries against the coronavirus.

So far the United States and other Group of 7 “leading” countries haven’t actually shown leadership in fighting the pandemic globally.

Read original

Read More
Loading

Recent Comments