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You searched for: label/obama deficit commission

Nuclear Option and Trust

…tale”: During the decade leading up to the crisis, current account deficits increased steadily and became unsustainable. Strong domestic investment (much of it in unproductive residential construction) outstripped domestic saving….

Trying to Short Joe Biden

So the good news yesterday (h/t Felix) is that, even as he was voting to eviscerate the Fourth Amendment, Barack Obama urged a change to bankruptcy law. The devil is…

Experiment: How would you advise Sen. Clinton?

Twice now in this political session we have had the opportunity to move beyond the Carl Rove/Frank Luntz school and system of communication. The first was Sen. Obama’s speech on…

Does Saving "Fund" Investment?

deficit, or is the deficit spending “funding” the bond purchases? The correct answer is “Yes.” Likewise: when JKH says (my words actually) that saving (income – expenditure) by the private…