…current estimates…oops…2010) Hat tip Simon Johnson in It’s hard to take the fiscal hawks seriously. Perhaps if we dismiss the current hawks we could actually address the issue of deficits….

…‘deficit’ and ‘debt’. A ‘deficit’ is basically an accounting convention, it is worthwhile to calculate various gaps between income and cost. But not everything labeled ‘income’ actually represents cash extracted…

…time. US Trade Deficit Rose 9.4% to a Record High in January After December Deficit Revised Higher Our trade deficit rose 9.4% in January, as the value of our exports…

RJS, MarketPlace 666, US Trade Deficit Rose 1.8% in December and up 27% in 2021 Our trade deficit rose 1.8% in December as the value of both our exports and…

…hawks, moderates and doves and that only the position of hawks and moderates are represented on the Fed open market committee (FOMC). He guesses that Perry’s equating dovishness with treason…

…current-account deficit, and find that in 2022 the U.S. net foreign asset position crosses -100% of GDP, with a current-account deficit of 7% of GDP, a trade deficit of 3%…

…turn was illustrated with the following graph: Fiscal Year Totals Now in the normal course of reporting CBO gives figures for any number of ‘deficits’ including ‘on-budget deficit’, ‘off-budget deficit’,…

RJS, MarketWatch 666 Summary: Trade Deficit Rose 22.3% to Record High in March on Higher Imports of Industrial Supplies & Materials and Consumer Goods Our trade deficit was at another…

…2023 federal deficit. CBO projects that the deficit in 2024 will be 5.8 percent of GDP and that the primary deficit (the deficit excluding interest payments) will be 3.0 percent…

…Step four is already in the bag. So called ‘Deficit Hawks’ strongly overlap with ‘Tax Hawks’ and with ‘Military Hawks’. Moreover they are largely from farm states and not likely…