Breakingviews

Some fiscal honesty would honor 9/11 tragedy

September 9, 2011

The 10th anniversary of the Sept. 11, 2001, attacks is rightly focused on the nearly 3,000 people who lost their lives -- and the impact on friends, loved ones and the broader population.

It’s the budget, not the economy, stupid

August 11, 2012

Mitt Romney’s choice of Paul Ryan as running mate can transform his mealy campaign into something substantive: a referendum on fixing the U.S. balance sheet. It’s sad that it takes a VP to give Romney appeal. But righting America’s finances is long-term legacy-setting stuff.

Liberal economists aid Tea Party in cliff debate

By Edward Hadas
January 3, 2013

Government spending enthusiasts don’t mind high deficits and don’t like proponents of low taxes. But with the U.S. right more anti-tax than anti-spend, the result is a common acceptance of deficits. That makes budget deals easier, but promotes unrealistic expectations.

France won’t meet its deficit target. No problem

By Pierre Briancon
November 6, 2013

The European Commission’s latest forecasts show that France will not be able to shrink its budget deficit to the mandated 3 percent of GDP by 2015. But that isn’t bad news. Like the rest of the euro zone, the country will gain by breaking free from the austerity straitjacket.

A world of worry on U.S. fiscal health

November 16, 2009

Boilerplate assurances that America won't default on its debt or inflate the shortfall away are apparently not cutting it. Nor should they, when one owns nearly $2 trillion in assets denominated in the currency of a country about to double its national debt over the next decade. Nothing happening in Washington today should give Beijing any comfort or confidence about what may happen tomorrow.