Deficits News
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In a full page advertisement placed in the Wall Street Journal and other newspapers, the Cato Institute calls on President Obama to make good on his promise to eliminate unneeded government programs.
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With unemployment firmly above 10 percent and a comprehensive health bill looming in the Senate, President Obama warned that without debt-reduction measures the U.S. could enter a double-dip recession.
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Barack Obama obviously hasn’t been waiting for the manicurists and spin doctors to come up with new ways of describing the U.S. economy. This isn’t a weather report he’s delivering.
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Deficits Headlines
Graphics comparing the deficit in the eurozone countries and the UK since 1999.
Eurozone governments managed to cut sharply their budget deficits last year, official figures show, with the overall deficit for the bloc dropping from 6.2% to 4.1%.
Record imports contributed to a 3.7% increase in the US trade deficit in December, official figures show.
The collective deficit of the UK's private sector final-salary pension schemes dipped slightly during February, figures show.
 The federal budget deficit now stands at $17.3 billion, eight months into the fiscal year, the Finance Department reports.
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Deficits Blogs
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After observing and analyzing the first three years of President Obama's time in office, I have come to the conclusion...
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The only person standing between a solution to the eurozone sovereign debt and banking crises and a total meltdown is...
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Except for possibly the most die hard Obama supporters, most Americans recognize the underlying economic misery that...
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It was not a good day recently relative to the financial destruction of America. Economic numbers came in and they were...
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We have been told repeatedly that the CATO Institute is a Conservative think tank and as such has little to offer. For...
May 12, 2011 by sumdume - 4 comments |
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