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

You searched for: label/obama deficit commission

Death of the 6% commission

Apparently, the National Association of Realtors has agreed to eliminate rules on commissions. “The NAR, which represents more than 1 million Realtors, also agreed to put in place a set…

The Euro and the Trade Deficit

…quarter. All trade data is Not Seasonally Adjusted (NSA). The trade deficit has grown even while the Euro strengthened. The following chart shows the average monthly trade deficit with the…

Fiscal Policy Options for Bush’s Second Term

…it would not fulfill that promise. The deficit in fiscal 2004, which ended Sept. 30, was $413 billion. Under Bush’s plan for spending and taxes, the deficit would be $258…