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Fiscal Policy

The logic of our IMF policy explained

April 23, 2012 by Douglas Carwell
with 12 views
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Christine Largarde, IMF director

An IMF loan takes precedence when it comes to paying people back. So adding more IMF-backed loans into the Eurodebt mix will increase the chance of other creditors not getting their money back. [read more]

To Save the Euro or Go for Growth?

December 4, 2011 by Douglas Carwell
with 8 views
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Saving the Euro, suggest ministers, will restore economic growth to Britain. It is, they imply, the most important thing we must do to ensure our own recovery. Perhaps if the single currency was such a panacea for growth, we'd have seen a little more of it in stagnant Euroland this past ten years? Maintaining the Euro at any price won't... [read more]

Senator Carper: E-gov Budget Cuts Are “Penny Wise, Pound Foolish”

April 22, 2011 by Alexander Howard
with 70 views
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As Daniel Schuman wrote on the Sunlight Foundation’s blog today, Delaware Senator Tom Carper wrote yesterday to federal CIO Vivek Kundra about the effects of a 75% cut to e-government funding at the White House Office of Management and Budget (OMB), including questions about how the Obama administration intends to go forward. For... [read more]

Environmental Defense: living up to its name

April 5, 2011 by Marc Gunther
with 33 views
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  Fred Krupp What a different just a few years can make. Hard as it is to believe, there was a time not long ago when Congress appeared to be on the verge of a bipartisan agreement to regulate global warming pollution. Republicans John McCain, John Warner, Newt Gingrich and Tim Pawlenty all supported efforts to put a cap on... [read more]

Daily Politics show on cuts

March 29, 2011 by Douglas Carwell
with 32 views
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I just did an interview on the Daily Politics about public spending cuts - and why the government was actually finding it rather more difficult to curb spending than the rhetoric suggests. It is a mathematical fact that total public spending is actually set to rise from £669 Billion in the... [read more]

Leadership needed to revive nation’s deteriorating fiscal health

March 29, 2011 by Jeff Smith
with 64 views
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In his latest Gallery column, Deloitte’s Robert Campbell says that political and policy leadership is needed at all levels of government as mounting debt looms large for not only the federal Treasury, but for state and local budgets as well. “The next several weeks are likely to be instructive concerning our financial future,” Mr.... [read more]

High-speed rail plan to connect Chicago to St. Louis moves forward

March 23, 2011 by Jeff Smith
with 54 views
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Illinois will begin construction on a project that will connect Chicago to St. Louis through high-speed rail. The $685 million federally funded project is set to move forward now that the federal government and Union Pacific railroad have finalized the terms of their partnership agreement. The project is expected to create 6,200... [read more]

What deficit reduction?

March 22, 2011 by Douglas Carwell
with 154 views
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The rhetoric is all about tough action to restore sanity to our public finances.  The maths suggests a different story. Far from cutting public borrowing, in February the public sector borrowed £11.8 Billion - the greatest amount the British state has borrowed in any February ever.  If that was not bad... [read more]

Charge it! The challenge facing electric cars

March 21, 2011 by Marc Gunther
with 122 views
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 With all the dismal environmental news of late–from the nuclear crisis in Japan to the Republican attacks on EPA in Congress–it will be a pleasure this week to turn my attention to one of the most exciting developments on the sustainability front: the arrival of electric cars in the U.S. To be sure, the sales figures so far for the... [read more]

The US CIO goes to the white board to describe good government

March 19, 2011 by Alexander Howard
with 66 views
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Earlier this week, United States CIO Vivek Kundra turned to the White House whiteboard to talk about sunshine, savings and service. If you’re unfamiliar with Kundra, he’s the man who has proposed and now is entrusted with implementing sweeping federal IT reform. One of the tools he’s been applying to the task is the so-called IT... [read more]

LaHood clears the way for Florida’s high-speed rail funds to go to the Northeast

March 16, 2011 by Jeff Smith
with 46 views
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U.S. Department of Transportation Secretary Ray LaHood has designated the Northeast Corridor a federally-recognized high-speed rail corridor, clearing the way for these states and Amtrack to apply for federal high-speed rail grant funding. Specifically, this recognition will allow the Northeast Corridor to apply for Florida’s recently... [read more]

Walmart, Hayek, Atul Gawande and energy

March 14, 2011 by Marc Gunther
with 449 views
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 I’ve been reading The Checklist Manifesto: How to Get Things Right by Atul Gawande. Gawande has a world-class resume, to put it mildly: He’s a surgeon, a teacher at Harvard Medical School, a staff writer for the New Yorker and a MacArthur fellow. The Checklist Manifesto is a provocative look at why we make mistakes, and how to... [read more]

Drill baby, Drill!

March 9, 2011 by Elizabeth Ross-Harrison
with 105 views
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This has been a battle cry for a while now, thanks to Sarah. Now, it’s fodder for domestic and foreign policy wonks, primarily because of the general unrest in the Middle East. While I normally enjoy a healthy romp through the mire of Middle Eastern affairs, but Thomas Lamb already covered that admirably at Red County.Oil Rig in Santa... [read more]

Can clean energy drive America’s economic recovery?

March 9, 2011 by Marc Gunther
with 120 views
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 Having been a reporter for a long time, I’ve learned that you have to ask the right questions to get interesting answers. Last night, I watched a lively debate  organized by Intelligence Squared, a nonprofit that brings smart people together for Oxford-style debates on big issues.  The proposition: Clean energy can drive... [read more]

Mass. launches start-up challenge

March 7, 2011 by Jeff Smith
with 136 views
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The the world’s largest global start-up competition. The challenge will go forward with the support of the Governor’s Massachusetts-Israel Innovation Economy Partnership Mission, which has pledged $1 million over the next four years to the innovative program. Last year’s challenge gave support to 111 startups, created 300 new jobs and... [read more]

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