Polarization and U.S. Fiscal Reforms

Good piece by Michael Cembalest on the prospects for fiscal reform under the Joint Select Committee on Deficit Reduction . He worries, quite rightly, about record political polarization in the U.S., as evidenced by the following graphs.

Polarization

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  2. Fiscal Exam Time!
  3. Stock Market Noise Abatement Act
  4. The (Further) Politicization of the Fed
  5. What Recession? Oh, That Recession

Comments

  1. James Cameron says:

    Nice piece. But there is hope . . . the parties drew closer together during the Great Depression and war years . . . :)

  2. wally says:

    This is what money does… it buys people.

  3. Darryl says:

    Thank gerrymandering and safe districts.