by Dale Coberly SOCIAL SECURITY, OBAMA, and the CRFB Obama once offered to cut Social Security as part of a Grand Bargain with the Republicans. Now he says he thinks…

…still enter into such a “Grand Bargain” to avoid the so-called “fiscal cliff.” Progressives hope, at least, that Obama will not fall prey to those same conclusions: Obama is now…

Robert Waldmann Is going to disagree with Barack Obama and Paul Krugman (alternative title “which one here is not like the others”). Krugman writes and Obama implies that no large…

…went out of his way to prove that this is a far too generous. In an email entitled “Stop Obama’s Debt and Deficits,” he declares: Obama’s [sic] racked up the…

…model for discussion. When the government deficit spends here are the mechanics: a) Government buys goods from some private entity, let’s say $1,000 worth. The government deficit spends to do…

The monthly trade data was reported this morning and you will see press reports about the nominal trade deficit. But I like to look at the real trade data as…

…December imports of $203.6 billion. The jump in the trade deficit exceeded expectations, and was partly due to higher energy prices. In addition, the trade deficit with China increased by…

rdan Calculated Risk reminds us: …U.S. trade deficit, with and without petroleum, through July. The blue line is the total deficit, and the black line is the petroleum deficit, and…

…Bush ran a deficit of $319 billion in 2005. So who deserves more credit for fighting red ink? No question, says Treasury Secretary John Snow: It’s his boss, Bush. Sipping…

…deficit. Furthermore, the degree to which this relative improvement in the budget picture is “unexpected” is debatable. The following table shows the White House’s forecasts for the budget deficit (in…