…a gradual improvement in the US’s CA deficit. The Asian CBs can keep BWII going for a while longer, if they want… but the US’s CA deficit will not fall…

…from the reasons for the current account deficit during Clinton’s second term. By definition, the current account deficit is the difference between investment and national savings. During Clinton’s second term,…

…deficit to around $750bn, or over 6% of GDP. Yet private capital flows into the US slow because of fears of further dollar depreciation. Asian CBs must therefore buy even…

…between current account deficits over five years ago. The average investment to GDP ratio over the 2001 to 2004 was relatively low so the current account deficit reflected a very…

…such budget strictness emanating from Bush, we can rest easy about the budget deficit. At this rate, I’m sure that the budget deficit stands a pretty good chance of being…

…$8.1 billion budget deficit next year without raising taxes. Last year, an estimated $17 billion deficit was closed by spending cuts mixed with more than $7 billion in loans, one-time…

…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…

…(payroll taxes) = $1.4 trillion Total money out is $1.4 trillion + $600b = $2 trillion. Deficit = $600b (Not $800b!) So while the operating deficit is $800b (see 3,…

…the past few years. This low savings rate is one of the two primary contributors to the US’s massive current account deficit (the federal budget deficit is the other culprit)….

The Bush administration and some congressional allies are considering ways to keep Social Security privatization from adding to the budget deficit: simply put the expenses that necessarily come with privatization…