Tags » Budget Deficit

The Expanding World of US Treasury Debt

   By Bob Shapiro

The US National Debt stands at around $18 Trillion. This is well above the annual GDP, and it looks impossible for the US ever to repay its accumulated official debt (let alone agency debt and unfunded liabilities). 318 more words

Taxes & Spending

2014-2016 Pay Proposals Accepted

Local Government Pay Offer 2014-16 Accepted – but the campaign goes on

The UNISON NJC Committee met on 14 November 2014 to consider the results of the branch consultation on the Local Government Association’s pay proposals for 2014-16.  432 more words



Insanity: Doing the same thing over and over again and expecting different results.

Demonstrations continue across Brazil – an endless hysteria fuelled by the outcry for change. 619 more words

Jobless Rate Falls to 5.8 Percent—Why be unhappy?

Financial FAQs Weekly

Nonfarm payroll jobs advanced 214,000 in October after gaining 256,000 September and 203,000 in August. Net revisions for August and September were up 31,000. 543 more words

Weekly Financial News

Ireland to become fastest growing economy in the EU in 2014 and 2015.

According to the European Commission’s autumn economic forecast Ireland will have the fastest growing economy in the EU this year.  The Irish growth rate is expected to be 4.6%, compared to an EU average of 1.3% and a euro zone average of just 0.8%. 279 more words

Government Finances

Eliminating Waste and Controlling Government Spending

  By Romina Boccia

 (Re-Blog from The Heritage Foundation)


Waste and inefficiency in the U.S. government are rampant. The federal government does too many things that would be done better by individuals or businesses in the private sector, or by state and local governments, or that should not be done at all. 52 more words

GDP & Employment

Why Neoliberal Austerity Doesn't Work

This is not intended to highlight the moral failings and humanitarian tragedy of an economic ideology (neoliberalism) which punishes the most vulnerable and favours the wealthy, as this should be self evident. 2,527 more words