Under reasonable projections, the unified budget deficits over the next decade will average 3.5 percent of GDP. Compared to a balanced budget, the unified budget deficits will reduce annual national income a decade hence by 1 to 2 percent (or roughly $1,500 to $3,000 per household per year, on...

This paper reviews the presentations and discussions had at the conference on “Jobs And The Future of the US Economy: Possibilities and Limits” held at Howard University shortly after the late 2000’s financial crisis. The paper begins with the historical context in which the conference was...