[![Media Name: cpr32n3-1-1.jpg](/sites/cato.org/files/styles/serial_cover_phone/public/serials/covers/cpr32n3-1-1.jpg?itok=wSkMvSjf)](https://www.cato.org/sites/cato.org/files/serials/files/policy-report/2010/5/cpr32n3.pdf) 

# May/​June 2010 

Vol. 32 No. 3 

[ 

Download PDF 

](https://www.cato.org/sites/cato.org/files/serials/files/policy-report/2010/5/cpr32n3.pdf) 

#### [Stimulus by Spending Cuts: Lessons from 1946 ](/policy-report/may/june-2010/stimulus-spending-cuts-lessons-1946)

By Jason E. Taylor and Richard K. Vedder 

#### [What We Have Here Is a Failure to Communicate ](/policy-report/may/june-2010/what-we-have-here-failure-communicate)

By [Edward H. Crane](https://www.cato.org/people/edward-h-crane) 

#### [Defusing the Fiscal Time Bomb ](/policy-report/may/june-2010/defusing-fiscal-time-bomb)

#### [Reviving Our Economic Liberties ](/policy-report/may/june-2010/reviving-our-economic-liberties)

#### [On the Road with Randal O’Toole ](/policy-report/may/june-2010/road-randal-otoole)

#### [Conservatives Rethink Middle East Adventurism ](/policy-report/may/june-2010/conservatives-rethink-middle-east-adventurism)

##### Latest Issues 

[![Cato Policy Report - v45n5 - Cover](/sites/cato.org/files/styles/serial_cover_phone/public/2023-11/cpr-v45n5-cover.png?itok=Ai-p7cWF)](https://www.cato.org/policy-report/september/october-2023) 

[September/​October 2023](/policy-report/september/october-2023)

[![CPR - v45n4 - Cover](/sites/cato.org/files/styles/serial_cover_phone/public/2023-08/cpr-v45n4-cover.png?itok=oX0x94Bg)](https://www.cato.org/policy-report/july/august-2023) 

[July/​August 2023](/policy-report/july/august-2023)

[![Cato Policy Report - May/June 2023 - Cover](/sites/cato.org/files/styles/serial_cover_phone/public/2023-07/cpr-v45n3-cover.png?itok=EzD7tvZs)](https://www.cato.org/policy-report/may/june-2023) 

[May/​June 2023](/policy-report/may/june-2023)

[![Cato Policy Report - March/April 2023 - Front Cover](/sites/cato.org/files/styles/serial_cover_phone/public/2023-04/cpr-v45n2-cover.png?itok=71oCQNPA)](https://www.cato.org/policy-report/march/april-2023) 

[March/​April 2023](/policy-report/march/april-2023)