…wanting to hold the upper-crust more accountable for helping reduce the deficit. He claims he’ll not increase the deficit, even though he wants to cut taxes and eliminate the estate…

I hesitate to excerpt from this because it says it all so well and so briefly. But: …the more taxes the US government collects, the more money it loses. When…

…for example. In this analogy, the family’s annual deficit is about $9,000, because this is a so-called working-class family whose annual income is $29,000. The $9,000 deficit will be added…

…in February, has no credible plan for getting America’s runaway budget deficit under control. Up to now the Republicans have been just as useless; they have confined themselves to provoking…

…appears as: Private Deficits + Public Deficits ≡ Current Account Balance If the US runs, say, a 4% CA deficit, the sum of its net public and private deficits must…

…deficits — those likely to persist absent changes in tax and spending policies. A link to Dudley’s speech. He does refer to structural deficits that may result from recent countercyclical…

…so are a measure of current year cash-flow. The CBO calls this ‘primary surplus/deficit’. On the other hand interest does not come in the form of cash or checks, like…

…which wants a low deficit. Polls are showing strong public concern about the deficit and a desire for lower deficits causing the political staff to switch sides. Economists who have…

…effort to control the overall federal deficit, the long-range shortfall now being projected for Social Security. Social Security’s current projected shortfall, it should be noted, is much less immediate and…

…Boskin Sense and Nonsense About Federal Deficits and Debt (h/t MG) But I suggest this from that paper validates my overall point (bolding mine). Table 1 Alternative Budget Surplus/Deficit Concepts…