Why the Debt Ceiling Matters — and What to do About It
Dr. Tiemann presented a talk at the Business Management Discussion Group on Monday, February 4th in Santa Monica, California entitled “Why the Debt Ceiling Matters - and What to do About It.”
How much austerity is enough?
By Dr. Jonathan Tiemann, April 20, 2015 Although we don't hear the word explicitly that often, austerity is very much at the center of economic debate today. In the US, both the Senate and the House of Representatives are working on budget proposals, which would (their sponsors say) balance the Federal budget within a decade. Those proposals would do so [...]
Examining Balanced Budget Amendments
Posted July 28, 2014 Henry J. Aaron, a Senior Fellow, at the Brookings Institute, testified before the House Judiciary Committee on July 24th, providing five very sound reasons why a Balanced Budget Amendment to the Constitution was not viable solution to the U.S.'s escalating deficits. His summary of his comments is as follows: Balanced budget amendments have been around a [...]