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Deficit Forecasting

I think the numbers in the previous post by Kash would look nice in graphical format. To reiterate, this graph shows the CBO’s projections for the cumulative deficit from 2004…

How Does It End? A recent OECD working paper by three economists at the OECD poses the following question: how might the US’s massive current account deficit be reduced? For…

…required), Buffett says that he is extremely worried about the US trade deficit. In particular, he is worried about the fact that by running trade deficits, and thus effectively trading…

There’s Nothing Like Data Tom DeLay says spending is causing the deficit. Is he right? What’s really causing the deficit? War? Recession? Spending? Tax Cuts? Some of each? If the…