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The best stimulus plan is a cut in the payroll tax.
The U.S. is in need of constructive suggestions as to how it might fashion a credible medium-term fiscal adjustment program that would allow the US to regain fiscal sustainability--as the Obama stimuli have provided little more than transient support to the US economic recovery.
There are many reasons to fear that 2012 will be a highly challenging year for the US economy. This is not only because the economic recovery will face considerable headwinds and could be hit by a European financial shock, but also because the US appears to have run out of fiscal and monetary policy space to counter any renewed economic downturn with an additional stimulus.
Neither Herbert Hoover nor Franklin D. Roosevelt promulgated policies that worked.
We need an economic stimulus focused on the long run, not Keynesian short-term political spending.
Negative effects of TV might include an inability to distinguish fantasy from reality, and that violence might be due to the same failure to develop the brain in a normal fashion.
Lionel Tiger of Rutgers University delivered the fourth of the Institute's 2002-2003 Bradley Lectures on December 9, 2003.
After the briefest of honeymoons, the euro soon began sinking against the U.S. dollar in world currency markets.




