Why do people hate deficits?

… Why do we hate deficits? “Balancing the budget” sounds really nice, but what reason do we have to believe it’s actually valuable? There are a number of reasons to think it might be good for the debt load to be smaller rather than larger, but almost all of them […] Read more »

Public still anxious over economy, has little faith in Washington

President Barack Obama’s job approval rating is a so-so 50 percent, as Americans continue to have serious concerns about whether the country is headed in the right direction, according to a new McClatchy-Marist poll. People want a speedier, more robust economic recovery, and they’re sick of the bickering that’s characterized […] Read more »