…record U.S. trade deficit in November and the prospects the deficit may widen this year, Snow said that the trade shortfall reflects growing U.S. disposable income, but that the United…

…the trade deficit,” he joked. If Bush ever listened to his economic advisors he would understand that the trade deficit has nothing to do with Americans’ preference for imported goods…

…relegated to the minor leagues ore duly reported and then ignored. Take the June trade deficit which was reported at the beginning of August. Jaded watchers of the economy registered…

…them.) 2.Obama’s proposed chained-CPI cut would typically reduce benefits for 3 percent, and by as much as 6 percent for some recipients. 3.The White House’s decision to label this cut…

…Originally, I’d thought he meant that he wanted Obama to simply capitulate to the House Republicans and let them gut discretionary spending, Social Security, Medicare, Medicaid. In other words, delegate…

…being traded up at gun shops for real shotguns. Some of the other descriptions are even more creative. My favorite is number ten on the list: This one takes the…

…the next decade, achieved through a combination of limits on breaks and higher tax rates on ordinary income, capital gains, dividends and estates”); Jackie Calmes, Demystifying the Fiscal Impasse that…

…loophole of all for America’s wealthy: the preference for capital gains. Id. Krugman in his blog, An Austerity Bomb (Nov. 14, 2012) argues that we’ve again allowed the extremists on…

…to the already wealthy, and sets policies to ensure that is true, from tax cuts to capital gains, estate taxes and progressive rates (all favoring the wealthy) to the kinds…

…still be some private label issues and they will be crowded out and, more importantly, the whole point is to get more mortgages written (either for new purchases or refinancing)….