…relegated to the minor leagues ore duly reported and then ignored. Take the June trade deficit which was reported at the beginning of August. Jaded watchers of the economy registered…

Going in the Wrong Direction Just last week, the president announced that he planned to cut the deficit in half over the next five years. Yet the latest deficit projection…

…Republicans hold a small edge on the deficit and gun policy. — Greg Sargent, Washington Post, this morning A longtime pet peeve of mine is that so many major political…

…a deficit of only 3.5% of GDP. There are two possibilities. If the state can credibly commit to running 3.5% deficits, it will. The fact that if more than 0.5%…

…deficit increase is due to entitlement and welfare programs. Now he does the old switcheroo from the yearly deficit to the national debt. McConnell said, the debt is very “disturbing…

by Dale Coberly KOTLICOFF ON THE HILL with Social Security Larry Kotlikoff wrote an editorial that appeared May 14 in “The Hill:”  “Social Security Just Ran a $9 Trillion Deficit…

…a pattern of republicans presidents leaving office with a much larger deficit than they inherited while democratic presidents reduce the deficit.. With US savings rates so low this forces the…

…10% of GDP that Obama inherited from Bush Yes, falling nominal GDP played a role, but a weak economy always plays a role in setting new record deficits. But in…

…the 2020 U.S. budget balance will show a deficit equal to 15.3% of its GDP, while China’s deficit is estimated at 5.6% of GDP. Part of the U.S. fiscal deficit…

…is whether we should be concerned about the budget deficit. I think that the case for fiscal stimulus is medium strong and the case for higher Federal Debt is very…