Tag Archives: fiscal risks

The Ominous Message in 2 Centuries of Global Public Finances

After our recent article showing the history of non-defense budget balances for large, developed countries, some readers wondered how our results might change with defense spending included. Here’s a new chart showing total budget balances:

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Obamacare’s Unintended Consequences: It’s Not Just a Technology Problem

Ron Suskind’s Pulitzer Prize-winning account of Barack Obama’s first two years in office, Confidence Men, tells the inside story of the wheeling and dealing that culminated in the Affordable Care Act (ACA). According to Suskind:

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