Political Posturing in the Fiscal Cliff Deal – Another Look 1

By Daniel McKay
Political Posturing in the Fiscal Cliff Deal - Another Look
Both the Democrats and Republicans drew lines in the sand in recent days about what their side is willing to give in the debt deal. With these lines drawn, we are beginning to see what the battle will look like, and our predictions are being recognized. Obama and Democrats came out early and said that ...

The Government’s Budget and the Economic Tightrope 4

By Daniel McKay
The Government's Budget and the Economic Tightrope
Now that the elections are over, we are sitting less than two months away from what I would consider a catastrophic budget resolution. It is politics, not economics that has dictated the fiscal cliff – and I suspect unfortunately that it will be politics again, not economics that determine what the solution will be. The ...