Relevant and even prescient commentary on news, politics and the economy.

You searched for: label/obama deficit commission

The contrarian addiction

…protects the public from food-borne illnesses. It issues nutritional advice and drug labeling guidelines. It polices false medical claims on packaging and in advertisements. It safeguards about one in every…

Deficit Commmission working groups

…make it fairer and raise more revenues.) Obama’s deficit commission appears to be following the trend of treating economists and businessmen (CEOs) and even union leaders as more appropriate to…

The second part of the trade deficit: oil

deficit from $44 to $282 billon. Imported oil petroleum contributes significantly to the US trade deficits. From 1995 to 2008, the petroleum deficit increased from $34 to $386 billion. This…

The 2004 Current Account Deficit

The BEA reported on the US’s current account deficit for 2004. And the winner is… $666 billion, or 5.7% of GDP: The U.S. current-account deficit–the combined balances on trade in…

Fiscal Policy and the Trade Deficit

…that their model seems to absolve responsibility for the large current account deficit away from Bush’s fiscal stimulus, the authors suggest other factors for the enormous deficit may be at…