Keynesians say these charts shouldn’t exist.

Here’s what actually happens when politicians try to control debt with spending restraint or tax increases.

Government is getting far too big.

A common European debt instrument is a very bad idea.

A bloated welfare state is a drag on economic performance.

The “unexploded bomb” has detonated.

Today’s $1 trillion deficit would be a budget surplus of nearly $500 billion.

A 2×2 matrix to visualize good fiscal policy.

A balanced budget requirement is neither necessary nor sufficient for good fiscal policy.

Should we even have a debt limit?