Mitt Romney’s economic plan is largely based on a whitepaper written by several “heavyweight” economists. The problem is, it's riddled with fundamental flaws. Here are six points where Mitt Romney and his economic advisers are mostly wrong about what ails the American economy and how to fix it.
'Economic logic' indicates that a pathway to citizenship for illegal immigrants would be good for the US economy, Jason Furman, chairman of the President's Council of Economic Advisers, said at a recent Monitor Breakfast.
The president’s top economist, Jason Furman, at a Monitor-hosted breakfast, also offered an upbeat assessment for the US economy in 2014 and for passage of a debt-ceiling increase.
Over the years, tax policy has been a key tool in keeping the safety net that protects the nation's poor intact.
President Obama's 2014 budget would limit tax benefits for workers with high-balance retirement saving accounts. The plan is a smart way to roll back the billions in tax breaks that go to investors who don’t need tax incentives to save for retirement, Harris writes.
Rather than stoking middle-class fears about the 'fiscal cliff,' the White House ought to be reassuring most Americans they can survive the fall, Reich writes.
A new report by the White House's Council of Economic Advisers scares the middle class about the effects of the fiscal cliff, Reich writes.