Fiscal Policy

The Euro: Not Short on Friends, Yet Homeless

An old dog may not be taught new tricks, but the ailing European Union (EU) can be further economically and politically domesticated by enacting necessary reforms to address its sovereign debt crisis. Though many European governments and banks managed to emerge relatively unscathed after the 2008 financial crisis, largely by avoiding American credit markets,[i] the […]

The War on Taxes: Expiration of Bush Taxes, an Opportunity for Growth

At midnight this New Year’s Eve most Americans will be watching the ball drop in Times Square. However, as the ball is dropping there will be a far more important change within the tax system. Set to expire at midnight are the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA) and the Jobs […]