Rjs sends a link filled note on the ongoing federal financial merry go round: It’s been a pretty slow week, with neither major monthly economic reports nor widespread kerfuffles in the blogosphere…as we figured, all the budget proposals floated earlier this year have gone nowhere, and it now appears that the republicans wont negotiate on […]

Reader Matthew McOsker writes more on the deficit: History Lesson – Deficits as a % of GDP, Tax Rates DISCLAIMER: This is not a defense of Bush II. Just the facts on the deficit, and a further discussion of sectoral balances and some tax rate info. Let’s look at some history, because the belief is […]