China’s March trade deficit Patrick Chovanec on Seekingalpha asks the basic question on the direction Chinese policy makers will take regarding the currency question, but the underlying question remains unanswered……

rdan Slightly left of center with gracious charm and strength. Whitehouse press office Remarks of President Barack Obama — Address to Joint Session of Congress Remarks of President Barack Obama…

…it as exogenous. Since concern over the deficit appears to have been the primary motivation, we classify it as a deficit-driven tax change. On to the second tax action, the…

…must reduce its trade deficit and reliance on foreign borrowing. Simply, trade deficits of more than 5% of GDP require Americans to spend more than 105% of what they earn…

One of my complaints about our replacement governor in California is that he loves to talk about deficit reduction but is unwilling to raise taxes and incapable of significantly reducing…

…the deficit was around $400 Billion.” Here is an explanation: There are at least three methods of presenting the deficit; the first is the “Unified Budget” that includes the annual…

…the time. Greenspan’s deliberate implication is that the US’s budget deficits are the result of bad budgetary forecasts, not the tax cuts. That is simply not true, however. How can…

Addendum on the Deficit As AB mentions below, the final tally of 2003’s budget deficit was $374 billion. Yes, that’s a lot, and yes, it’s a record deficit by far….

…of government deficit spending. That makes the identity true by definitional tautology. But contrary to what’s at least implied by the equal sign, deficit spending is not the only way…

…deficit than they inherited. Every Democratic administration left office with a smaller deficit than they inherited. Why should we pay any attention to anything any Republican says about the deficit….