MarketWatch 666: Commenter and Blogger RJS; October’s jobs report; September’s trade deficit, construction spending, and factory inventories, et al Major economic reports that were released the past week included the Employment…

…of proposing measures that would raise the deficit, which is already rising again. The Congressional Budget Office today projected a much higher deficit for 2023 than it did in May…

…Medicare deficit allowed? There actually is a very interesting story about the projected deficit for the Medicare Part A program: it has fallen sharply in recent decades. In 2000, it…

…in line with growth in the overall economy. Imports Rise at a 7.2 Percent Rate, Pushing Trade Deficit Higher The rise in the trade deficit in the first quarter was…

…fiscal deficits narrowed in many advanced economies, albeit moderately. In the United States, however, deficits started to rise in 2016 as some of the fiscal adjustment measures legislated to curb…

…a manufacturing nation again” even if they succeeded in greatly reducing trade deficits. They won’t, which makes it something of a moot point, but people should understand both that we…

…which explains it all in terms of hot dogs and buns. And while trade deficits have also been a factor, even eliminating our trade deficit would still leave us much…

…Day” tariffs, the administration’s lawyers suggested that Section 122 wasn’t a viable option to address the trade deficit. “Trade deficits … are conceptually distinct from balance-of-payments deficits,” Justice Department attorneys told the…

…then who gained and what did they gain by covering up a deficit? What benefit is there about lying about a deficit? Of course, this is also a state funding…

…Not only did he turn a surplus into a deficit and lay the groundwork for bigger and better deficits to come, his defense of that deficit he created was fairly…