Articles by James A. Bacon

  • The End of Debt Denial

    James A. Bacon | January 17, 2011 at 11:34 AM

    Wow! The public's perceptions of the national debt have changed faster than a flat tire in a NASCAR pit. A year ago, it was the received wisdom on the left that only Tea Partiers and other... Read More…

  • A very brief outbreak of irrational optimism

    James A. Bacon | January 03, 2011 at 11:25 AM

    It's a new year, a new Congress and a newly chastened president. What can we expect in the year ahead for the most important issue of our time: bringing federal deficits and the national debt... Read More…

  • Wanted: Magic deficit dust

    James A. Bacon | December 13, 2010 at 4:34 PM

    Americans want Congress to bring the $1.4 trillion federal deficit under control -- but they don't want anyone touching their Medicare, Medicaid or Social Security, entitlement programs that... Read More…

  • The Coming Interest Rate Squeeze

    James A. Bacon | December 09, 2010 at 4:12 PM

    Somebody please e-mail a copy of the McKinsey Global Institute's new report, "Farewell to Cheap Capital," to Paul Krugman and Ezra Klein. Krugman, a New York Times columnist, and Klein, a Washingto... Read More…

  • Ezra Klein is in deficit denial

    James A. Bacon | December 03, 2010 at 10:44 AM

    One reason it will be so difficult for Congress to balance the budget is left-of-center intransigence over cutting domestic spending and entitlements. (Right-of-center politicians are intransigent... Read More…

  • ACOs - the New HMOs?

    James A. Bacon | December 01, 2010 at 7:38 AM

    Republicans would have the public believe that the Obama administration plans to control runaway health care costs by means of rationing and death panels. Such drastic remedies may be a logical... Read More…

  • $1 Trillion in Stealth Spending

    James A. Bacon | October 19, 2010 at 8:29 AM

    Outside of entitlements and defense, the biggest category of federal government expenditure -- roughly $1 trillion a year -- is all but invisible to the public. This stealth category doesn't... Read More…

  • London would be a stretch at Virginia

    James Irwin | December 07, 2009 at 3:00 AM

    Richmond football coach Mike London has become a hot commodity of late, drawing interest from Western Kentucky, Akron and Memphis regarding head coaching vacancies. Now, according to an Associated... Read More…

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