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Two Key Economic Lessons in One BillHoosiers face trade-offs and opportunity costs in the wake of SEA1.

Time to Fix Economic Development PolicyAllocating tax dollars to land development won’t cause economic growth.

The Unanticipated Effects of SB1Businesses, governments and households may all feel the effects.

The Stupidest of PoliciesThis whipsawing of tariff rates has unnerved financial markets, which on Wednesday, were toying with a liquidity crisis.

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Commentaries tagged with bailout and debt

March 16, 2025 What to Expect in This RecessionThere is risk of a lot of pain.
December 1, 2024 Time to Learn a Real-World Lesson from TariffsTariffs are designed with the hope of pushing down our trade deficit.
May 5, 2024 US Debt Will Change Local Economic Development PoliciesThere’s no tax cut that will generate rapid economic growth, nor is there some magical spending mix that will cause a big spike in productivity.
December 17, 2023 Great Economic Holiday GiftsThe end of year data is giving economy watchers plenty cause for holiday cheer.
October 1, 2023 Another Stupid Government ShutdownShutdowns are often a demonstration of clownsmanship, not statesmanship.
March 26, 2023 Bank Failures Warn of Deeper Economic ProblemsDuring the Great Recession, a whopping 0.014 percent of banks were closed by the FDIC.
February 19, 2023 Balancing the Federal BudgetThere’s no silver bullet that will return our debt to comfortable levels.
August 28, 2022 Student Loan Forgiveness Is a Policy MistakeThis addition to federal debt during this time risks worsening inflation.
June 19, 2022 Yes, State Stimulus Checks Boost InflationTax reductions and rebates can only increase inflation.
March 21, 2021 Let’s Be Honest About the COVID Relief BillToo little stimulus is far worse than too much.
September 20, 2020 The Real Problem with Our National DebtIt’s important to explain how the debt does and does not matter.
August 16, 2020 State and Local Tax Support Is an Urgent NeedWhile many businesses are able to adapt, the underlying loss of permanent jobs is alarming.
June 30, 2019 Erasing College Debt Is an Astonishingly Bad IdeaTo expand college access, we need to make it less expensive up front, which requires more public investment at the front end of the college experience.
June 11, 2017 Illinois a Joking Matter No LongerThe scale of Chicago’s problems are eye-popping.
June 2, 2013 Good and Bad Bailouts in TARPFor all intents and purposes, TARP allowed the U.S. Treasury to act a lot like George Bailey using his honeymoon money to quell a bank run.
March 24, 2013 The Iraq War Ten Years OnThe war in Iraq was expensive.
March 10, 2013 The Sequester of the FutureThings will get worse before they get better.
March 10, 2013 The Sequester of the FutureThings will get worse before they get better.
January 21, 2013 Leadership and the Government ShutdownThe transparency of a genuine budget debate will reveal just how unsustainable our spending has become.
January 21, 2013 Leadership and the Government ShutdownThe transparency of a genuine budget debate will reveal just how unsustainable our spending has become.
January 7, 2013 More Budget FailuresIn the final hours, it was clear the poison pill of the fiscal cliff required too much courage for our ‘leaders’ in Washington.
January 7, 2013 More Budget FailuresIn the final hours, it was clear the poison pill of the fiscal cliff required too much courage for our ‘leaders’ in Washington.
December 9, 2012 Perhaps It Is Time to Pay Our DebtsAs a great nation, we build and do things that endure and these should be paid for, in part, by successive generations.
December 9, 2012 Perhaps It Is Time to Pay Our DebtsAs a great nation, we build and do things that endure and these should be paid for, in part, by successive generations.
November 25, 2012 ‘Scooby Snacks’ and The Great American GiveawayHere, we'll focus on the ‘something for nothing’ crowd.
November 11, 2012 The Next Big CrisisBond markets have already identified two states that cannot possibly pay their obligations, and a further four that are in serious trouble.
May 21, 2012 Policy Choices: Austerity or AusterityTaking steps toward austerity is not what has caused Europe's recession.
April 23, 2012 Spending, Debt and Long-Run GrowthThe past four or five years have exposed many Americans to a continuing debate over the role of government spending in a recession and resurrected for them the ghosts of many long-dead economists.
January 9, 2012 College Debt and College MajorsA growing percentage of college graduates has pursued degrees that offer no employment prospects to match the cost of college.
October 10, 2011 Competing Economic Theories Agree on DebtPoliticians on both the right and the left suggest that the large stimulus and enormous government spending deficits are in part to blame for the continued ill performance of the U.S. economy.
August 8, 2011 Some Cuts in the Budget DealWe need a long spell of more hiring before we tackle the supposed evils of wealth.
August 1, 2011 Woody Guthrie, Ron Paul and the National DebtWhen a Libertarian and Socialist start agreeing about something, the rest of us ought to listen to them.
July 25, 2011 The Debt Ceiling, Subsidies and the Pain of DefaultWe should end oil subsidies, but this would allow the U.S. to pay off its debt in only 371 more years (if we could stop interest payments).
July 11, 2011 Debt Limits and Budget CutsWithout real expenditure cuts, the cost of borrowing will rise, regardless of what happens to our debt ceiling.
July 19, 2010 To Spend or Cut Taxes, That Is the QuestionIt is uncertainty about federal policy that accompanies it which cripples growth.
July 5, 2010 4th of July OptimismIn truly free societies, it is the dogged optimism of small scale economic actors that propels growth.

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