GNP

Austerity Nuts
June 24, 2010

“American families have done their level best to stay afloat—spending less and working more while trying to map out a financially sound future. They deserve that same degree of discipline and vigilance from their government.” That’s what House Minority Leader John Boehner had to say this past weekend, after President Obama proposed a new economic stimulus package. And precisely because the statement came from a Republican leader, it was difficult to take seriously. After all, Republicans have no compunction about running up deficits when they’re in charge by pushing tax cuts for the wealthy.

Funny Money
July 01, 1991

Niall Ferguson asks whether a European economic and monetary union will work.