Category Archives: Lou Barnes

Lou Barnes Column for November 19–QE2, Robo-foreclosures and thou!

     The formation and execution of economic policy this week entered a new level of chaos, complete with good news, bad news, and silly news.

     The best news: two different Federal-deficit study groups came up with the same basic solutions: cap spending and revenue at a sensible level of GDP, broaden the tax base by cutting special exceptions, and cut tax rates. Spending: in Alan Simpson’s line, “Harpoon every whale in the ocean.” The people are way ahead of political leadership, the average American eager to implement any deal like these two. Continue reading Lou Barnes Column for November 19–QE2, Robo-foreclosures and thou!