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Does the President’s budget cut the deficit in half?
Budget Director Peter Orszag wrote on his blog yesterday that he thinks "Debt held by the public net of financial assets is the most meaningful measure of current federal debt." I wrote earlier today why [...]
Let’s not hide $1.4 trillion of IOU’s
Yesterday on his blog the President's Budget Director, Peter Orszag, asks himself and then answers the question, "How much does the federal government owe?" This sounds like a technical question of concern only to "those [...]
The President’s strong free trade language in Strasbourg
I would like to compliment and thank President Obama for saying this in Strasbourg, France last Friday: As we take these steps, we also affirm that we must not erect new barriers to commerce; that [...]
Can we ever know how many jobs the Obama Administration has saved?
Almost two months ago, President Obama set a specific employment goal for his Administration: I think my initial measure of success is creating or saving 4 million jobs. It is clear that this "create or [...]





