Tags » Budget Deficit

The UK Public Finances are an ongoing problem

One of the features of the UK economy since the credit crunch has been the change in the Public Finances. The initial decision to bail out the banks made the national debt shoot so high that the establishment introduced plan A which is to produce figures without that. 1,581 more words

General Economics

Tory mismanagement of the economy? Why is it not being reported?

Source Wikipedia –

Source Wikipedia.

The Tories were elected in 2010 to sort out the economy. Look at what has happened! Far from sorting it, they have made it far worse and we’ve all been paying the price (none more than those who’ve lost their jobs, those who are on low pay and all public servants – bankers and rich have been doing alright though). 185 more words


Budget deficits set to fall

Budget deficits are set to fall in 2017 and 2018 before rising. The national debt is expected to reach 77% of GDP in ten years. Not exactly calamitous figures. 139 more words

Economic Policy

The Greek Tragedy Continues

The Greek tragedy continues.  Greece remains in depression.  The economic downturn began in 2008 and the economy has shrunk every year since, with the exception of 2014.  455 more words


Why Trillion Dollar Deficits Are Coming Back Soon

By David Stockman – Re-Blogged From Stockman’s Contra Corner

Yesterday I noted that the frogs of Wall Street linger in the boiling pot because they are under the delusion that stocks are cheap based on the sell-side hockey sticks that always show $135 per share of S&P earnings and a 15X multiple in the next year ahead. 1,010 more words

GDP & Employment

Saudi Arabia's $750 Billion Threat To Wreck The U.S. Economy

Dumping U.S. bonds is not really an option for any country holding major positions. To the extent that the number of bonds the United States sells is a problem—and it is a problem—it is not because it gives others leverage over America. 30 more words

United States

Robert Barro

Robert Barro is the Paul M. Warburg Professor of Economics at Harvard University, a Senior Fellow of the Hoover Institution of Stanford University, and a Research Associate of the National Bureau of Economic Research. 107 more words