…surplus increased near 2 pps to 22.6%. * Italy’s intra-Euro area trade deficit hovered at just under -1% of GDP. * Spain’s trade deficit improved somewhat, falling roughly 50 basis…

…economic growth by reducing the deficit over the longer term. The fiscal policymaking in this town seems totally schizophrenic right now. What a juxtaposition to have President Obama’s deficit-reduction commission…

…automatically awards disability benefits to some veterans because of concerns about Agent Orange seems contrary to efforts to control federal spending, the Republican co-chairman of President Barack Obama’s deficit commission…

…time, with the obvious agenda of wanting to say the same for the US (time for that deficit commission to cut social security anyone?). What is true is that for…

…(small) deficit, and so out of all the sources of the broader federal budget deficit (of which rising medical care costs, not to mention high defense budgets) it is social…

…By any sensible measure, Rubio’s entire pitch was incoherent gibberish. He thinks President Obama is hostile to free enterprise and wants to increase the deficit, neither of which makes any…

…to return to big-law criminal defense work. For this reason, I think the criticism of Obama’s selection of Mary Jo White as SEC head is off-base; she was known as…

…embarrassment. David Sirota at Salon discusses the significance of: PBS Frontline’s stunning report last night on why the Obama administration has refused to prosecute any Wall Streeter involved in the…

…creating huge deficits out of the surplus existing when Bush took office! They don’t really care about deficits. Look at the way they viciously cut taxes for the wealthy and…

…with constructive alternatives to the stimulus (ARRA) and Obamacare (PPACA). I don’t remember where to link but the phenomenon of “Obamacare is horrible and we should replace it with Obamacare”…