Remember Infrastructure Week? It’s coming back—this time without an infrastructure weakling deflating the promise of a newly rebuilt America. Joe Biden is set to unveil his sweeping $3 trillion infrastructure plan, and according to Axios, top economists are simply “giddy” about its prospects. Of course, Republicans understand Keynesian economics as...

  • March 29, 2021

And now for today’s thought exercise. Imagine you are a member of Congress. Recent assessments from the nonpartisan Congressional Budget Office (CBO) warn that the budget deficit for fiscal year 2018, which ended on Sept. 30, jumped to $779 billion and annual trillion-dollar shortfalls will return beginning in FY 2020. But then...

  • December 16, 2018