Georgetown Public Policy Review
Policy Shaping Our Future
by Andrew Wolf In May 2010, the Committee for a Responsible Federal Budget released an online Budget Simulator that puts users in control of stabilizing the debt (60% of GDP by 2018). They advertise “as Congress sidesteps budget, you can step in.” It is an important tool and one Republicans in Congress would do well […]
by William Margeson In his book The Holy Grail of Macroeconomics: Lessons from Japan’s Great Recession, intended to inform economic policy in the wake of the Great Recession, economist Richard Koo writes: “…the current recession is the result of the private sector saving more at a time when there are not enough borrowers to go around.” Writing […]