Austan Goolsbee is now blogging

He has started with a post on Glenn Hubbard and the budget.  He closes with this:

I agree with Glenn that one of the key debates in the election should be about how America should deal with our long  run budget challenge (that comes from the aging of our population).

And that debate is coming down to one camp saying let’s have cuts to spending and interest around $3 trillion and tax revenue of $1 trillion to hit the deficit cutting target and the other camp saying let’s have cuts of$7 trillion to hit the deficit target plus pay for $3 trillion of tax cuts.

Hubbard closed his op-ed by saying that he just wants people to see the prices on the menu.  Well then, next item: The Romney Budget.  Glenn, you may want to practice your Heimlich maneuver.

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