Why New Hampshire Matters
With the New Hampshire primary coming up, Alexander Chen takes a look at three key narratives to follow for the GOP race.
With the New Hampshire primary coming up, Alexander Chen takes a look at three key narratives to follow for the GOP race.
Ten years ago, the nation’s future fiscal health seemed assured: an economic boom and the lack of significant external threats created budget surpluses. In 2001 the Congressional Budget Office (CBO) even projected that over the next decade the nation would enjoy a $5.6 trillion surplus. Politicians gleefully debated how to best utilize the windfall, ultimately spending the expected surplus on [...]
Why the current primary system, imperfect as it is, is here to stay
Chaos reigns as states try to budget in the recession The financial crisis affected millions of Americans, drove down property values, crippled the mortgage industry, spiked unemployment rates, and revealed the unwieldiness of the American banking system. In response, the U.S. government attempted to resuscitate the economy with a nearly $800 billion stimulus. Meanwhile, state governments have been struggling [...]