…so are a measure of current year cash-flow. The CBO calls this ‘primary surplus/deficit’. On the other hand interest does not come in the form of cash or checks, like…

…which wants a low deficit. Polls are showing strong public concern about the deficit and a desire for lower deficits causing the political staff to switch sides. Economists who have…

…largest nominal deficit. A budget that predicts a record-high deficit would be terribly inconvenient for a president who wishes to be remembered as “fiscally-responsible.” FY 2008 Deficits Under Various Economic…

The latest op-ed from David Brooks is entitled From Freedom to Authority and includes this spin: In the 1970’s and 80’s, conservatives felt the primary threat was the overweening nanny…

…the deficit in half by 2009. President Bush, January 6, 2006: [W]e are still on track to cut the federal deficit in half by 2009. President Bush, January 26, 2006:…

…are going to have to cut spending by at least that much to help the deficit, and clearly they are not willing to do that. They have to start looking…

…Economic Analysis reported the Current Account Deficit (CAD) for the 2nd quarter. Seasonally adjusted the CAD was only $195.7 Billion, but on a Not Seasonally Adjusted basis, the deficit was…

…record deficit is almost certainly an aberration, not the start of a trend toward lower deficits. Is there anyone left who can still take seriously Bush’s pledge to halve the…

…deficit is causing the trade deficit (apart from any possible impacts on the value of the dollar) are proclaiming their ignorance. If you are thinking that Dean left off trade…

…our discussions of how even his favorite measure – household net wealth – shows a decline in real per capita wealth over the past 5 years. Assertion: The deficit is…