The President’s Speech
…areas like energy, health care, and education that will grow our economy, even as we make hard choices to bring our deficit down. That is what my economic agenda is…
…areas like energy, health care, and education that will grow our economy, even as we make hard choices to bring our deficit down. That is what my economic agenda is…
…it as exogenous. Since concern over the deficit appears to have been the primary motivation, we classify it as a deficit-driven tax change. On to the second tax action, the…
…must reduce its trade deficit and reliance on foreign borrowing. Simply, trade deficits of more than 5% of GDP require Americans to spend more than 105% of what they earn…
One of my complaints about our replacement governor in California is that he loves to talk about deficit reduction but is unwilling to raise taxes and incapable of significantly reducing…
…the deficit was around $400 Billion.” Here is an explanation: There are at least three methods of presenting the deficit; the first is the “Unified Budget” that includes the annual…
…the time. Greenspan’s deliberate implication is that the US’s budget deficits are the result of bad budgetary forecasts, not the tax cuts. That is simply not true, however. How can…
Addendum on the Deficit As AB mentions below, the final tally of 2003’s budget deficit was $374 billion. Yes, that’s a lot, and yes, it’s a record deficit by far….
…proposed reforms and the proposed 10 year deficit minus the business as usual 10 year deficit. Weisman (and the anonymous Post staffer) could have well have written that Obama proposes…
…of government deficit spending. That makes the identity true by definitional tautology. But contrary to what’s at least implied by the equal sign, deficit spending is not the only way…
…deficit than they inherited. Every Democratic administration left office with a smaller deficit than they inherited. Why should we pay any attention to anything any Republican says about the deficit….