Legal Commentary

Thinking Out of the Box on How to Fix the Deficit

By Professor University of Miami School of Law

Fred Clark has a really neat idea about how to Fix the deficit. Implementation is a bit tricky, but it has all sorts of good properties if one could pull it off.

For background, consider Kevin Drum's pithy observation that — unless we go down the road of giving rich people more tax cuts at the expense of poor people's kids — everything you really need to know about the deficit is captured in one chart on p.4 of this testimony by the Congressional Budget Office.

Full post as published by Discourse.net on November 13, 2010 (boomark / email).