ACCF Scholar Jason Furman

There is a case for being concerned—though only modestly—about the U.S. trade deficit. The principal villain in this story is not China, Europe or...

Well-designed tax reform can make the economy stronger and careful economic analysis is essential. Careful analysis is well served by discussion and debate of these issues that is at least as frank and vigorous as what we are all accustomed to in the average economics seminar.

Compared with 1981 and 2001, revenue is down and the debt is way up as a share of GDP.