Social Security Report – 2022
…but it warns of a coming real problem: When the Trust Fund actually runs out of money in 2035 or so, this creates the “long range actuarial deficit” which is…
You searched for: label/deficit hawks
From Deficit to Debt
In the real world, if someone spends more money than they make, they run a deficit. Income – Spending = Deficit. Accumulatively, deficits become debt. In order to avoid the…
Tariffs and Trade
…deficit requires a change in savings, beginning with fiscal deficits. Trump showed in his first term that he was quite willing to sacrifice fiscal solvency for a tax cut, and…
Final destination “rising public deficits” with a stopover in “falling public deficits”
Brad DeLong and Mark Thoma posit that a falling US public deficit is bad news – they are right! Deficit hysteria is now mainstream thinking, while the more appropriate hysteria…
Are You Better Off Now Than During the 2008 Recession?
I believe we are. This is kind of interesting. The article on the budget deficit is from August. From what I have been reading in WaPo, etc., they are claiming…
Why Is Brazil Ahead of the US…fuel
…natural gas, other than the odd city bus or garbage truck in random municipalities? The answer is a simple but unpleasant one. See, we in the US would label the…
Housing Update
…considered almost risk-free because if the borrowers default, Fannie or Freddie will pay off the loans (assuming Fannie and Freddie remain solvent). Non-conforming loans go into pools known as private-label…
Oh, dear. Another loopy challenge to yet another ACA provision, this one concerning the Independent Payment Advisory Board.*
…ridiculous. But it does have the advantage of carrying with it the Madisonian Freedom/Liberty tag, a label that the Koch right confers upon anything it wishes, because that surely will…
The mindless canard stating as unexplained fact that it would be worse to expand the federal government by a third in order to accommodate single-payer healthcare insurance than it is to have private, for-profit health insurance companies playing this role instead
…political debates, is a disagreement about how far to turn the knobs when adjusting policy; it does not seem to call for a separate ideological label. That said, Mr. Konczal…
How do Americans get rich? (and stay rich?)
…that: think twice about calling it “income” — even with the Haig-Simons tag attached. I’ve received almost-universal pushback on the “comprehensive income” label, even from the most enlightened (and progressive)…