…for their wealthy and corporate-owning supporters. When Barack Obama got reelected with a clear majority of the popular vote and a resounding majority in the electoral college, the GOP says…

…another way, $800 billion is a 72.7% cut in the government’s budget deficit for the just ended 2012 fiscal year. You would think this would make the people calling for…

…and Steele argue further that we need to rebuild manufacturing and reduce the trade deficit, with high tariffs if necessary. They propose massive investments in infrastructure and education, including job…

…for the purpose of reducing the deficit to save the future generations from the awful selfishness of the otherwise overly entitled baby boomers. I grant that he briefly mentions taxes…

…below the fold. The annual Reports of the Trustees of Social Security define ‘crisis’ in terms of ‘actuarial deficit’, or the gap between ‘scheduled benefits’ and ‘payable benefits’ and express…

…see from this post last week, the 2004 deficit is only brought down to a mere $500,000,000,000 by starting with the non-trustfund deficit of $631,000,000,000 and subtracting from that the…

…$80 billion deficit. And that’s really important, since the rightwingers are intent on using every deficit dollar to support their goal of decimating the earned benefits programs established in the…

…Fund deficit was rather large so current tax obligations do not capture the cost of government as in all those deferred tax bills thanks to the Bush tax “cuts”. But…

…adjusts the government deficit (or surplus) for non-structural items to leave just the structural deficit (net spending on pension payments, unemployment insurance, normal capital expenditures, etc.). Without growth to increase…

…(we would have a capital account deficit). Strange but true, the US current account deficit is simiilar to our trade deficit. Even though on paper we are huge debtors (biggest…