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Chris Edwards

Director of Tax Policy Studies and editor of Down​siz​ing​Gov​ern​ment​.org

Local Governments and the Recession

The more aid that Congress provides, the less incentive for states and cities to improve operational efficiencies and to deregulate to spur broad‐​based economic growth.


Postal Service Forum Tomorrow

The U.S. Postal Service is in deep financial trouble with mail volumes falling and losses rising. Analysts have differing views about the best USPS reform options, but all agree that the agency’s operations are unsustainable as currently structured.


Crisis May Add $6 Trillion to Federal Debt

The COVID-19 pandemic has pushed the economy into a deep recession. The crisis will also create lasting economic damage from the jump in debt as a result of higher federal spending and lower federal revenues. How much debt will the crisis add? Perhaps $6 trillion.


An Infrastructure Package Is a Bad Idea

A federal infrastructure package would probably cater to lobbyist demands, not market demands, and would likely include billions of dollars for transit, even though the ridership outlook is grim. As for the states, they should proceed with caution because the crisis will shake up many economic relationships, including infrastructure use.


State Rainy Day Funds

Large rainy day funds make states less reliant on federal bailouts, improve state credit ratings, and they strengthen the overall U.S. macroeconomy.