New research suggests that legislators should cut spending and enact growth-inducing policies. The reasoning? According to the study, spending cuts can positively affect economic growth and are the only historically reliable way to lower deficits and debt. The authors of the study, Alberto Alesina and Francesco Giavazzi, write that “spending-based …
The Dodd–Frank financial strangulation statute transferred a portion of the duties once performed by the Federal Trade Commission (FTC) to the new Consumer Financial Protection Bureau. That’s left the FTC to tap its $292 million budget and 1,176 full-time employees for devising stricter regulation of…appliance labels. Specifically, the agency intends …