Deficit Reduction or More Stimulus?
June 29, 2010 at 23:31 PM EDT
I have been asked a lot recently by Wall Street economists about where Washington fiscal policy is headed. In short, I don’t expect much change. We’ll stay stuck at around $1 trillion of annual deficits in FY10, FY11, and probably FY12. I say that because Congress has so far been unable to pass the [...]