Monthly Budget Review for July 2015 Bolding mine: The federal government’s budget deficit amounted to $463 billion for the first 10 months of fiscal year 2015, CBO estimates. That deficit…

…were broadly unchanged in 2016…” The U,S. continues to record the largest deficit, $451.7 billion, which is equal in value to 2.4% of U.S. GDP. The continuing deficits contribute to…

…whose the flip side is the trade deficit. For every dollar the capital account goes up, the trade deficit must get a dollar more negative. To be clear, a higher…

…didn’t care if they created a $1.5 trillion deficit with their tax cuts for the rich now whine about the dreadful deficit (that they created) and the oh so shocking…

…labeled balance-sheet entry, designating the value of an ownership claim — again, designated in a unit of account. These “asset” things only exist on balance sheets. The claims themselves may…

…were large enough to offset a trade deficit and allow the country to continue to invest abroad and expand their foreign holdings. What are the largest creditor nations today? Are…

…the group of industrial countries, a one percentage point increase in the deficit scaled by GDP leads to a 0.42% increase in the current account deficit, similarly scaled. A significant…

…realize that the acceleration of job loss after 2000 was mainly about the surging trade deficit 3/ “after 2000” is doing a lot of work here. First the figure shows…

…solves the SS actuarial deficit 100%,  while the plans put forth by both Republicans and Democrats look like they were designed to NOT solve the deficit, while creating more enemies…

…nor voting can change is arithmetic. The reality being deficits are the simple difference between expenditures and taxes, and debt is nothing but the accumulation of deficits and surpluses. This…