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Is the Paris Agreement QTIIPS?
Both President Obama’s 2016 signing of the Paris Agreement on climate change and President Trump’s withdrawal from that agreement today fit into a category I will label as QTIIPS. QTIIPS stands for Quantitatively Trivial Impact [...]
The $2T Mulvaney-Mnuchin disagreement
Kate Davidson and Richard Rubin have an excellent article in today's Wall Street Journal examining what President Trump's economic advisors are now saying about how the President wants to allocate $2 trillion in budget benefits they [...]
President Trump’s tax reform vs. his balanced budget
President Trump has a $2 trillion hole in his fiscal policy proposals. His numbers don’t add up. This creates a conflict between two of his fiscal policy goals: tax reform and balancing the budget. Let’s look [...]
re: The President’s debt tweet
For the classes I teach at Stanford's Graduate School of Business I make my students write policy memos to a friend or family member as if that person was a Member of Congress. I have done [...]