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Climate Change And Dependence On Foreign Oil Are Problems That Won't Go Away On Their Own. Tabling Plans To Deal With Them Doesn't Make It Easier For Companies To Plan And Invest; It Makes It Harder.

Making Labor Less Expensive Helps Firms Hire People.

Recent Research Suggests That New Deal Programs May Actually Have Had Their Primary Impact On The Economy By Influencing Consumer And Business Expectations Of Future Growth And Inflation.

Honest Talk About The Deficit Is Risky. Voters Are More Enthusiastic About The Abstract Notion Of Deficit Reduction Than About The Painful Details Of Accomplishing It.

Our Estimates Suggest That A Tax Increase Of 1 Percent Of Gdp Reduces Output Over The Next Three Years By Nearly 3 Percent. The Effect Is Highly Significant.