Tags » Budget Deficit

2016 Budget Deficit Almost Final Around $600 Billion

   By Bob Shapiro

The US Budget Deficit for Fiscal 2016 is about to close, and various estimates bracket a $600 Billion Deficit. I’ve seen numerous analyses which forecast this to rise to over $1 Trillion over the next few years, largely due to the growth of Social Security, Medicare, & other Health outlays, which currently make up about 2/3 of total federal government outlays. 76 more words

GDP & Employment

Holiday Cheers--Consumers Feel Happier!

Popular Economics Weekly

It’s back to school time, and consumers are feeling the holiday spirit already. Americans in September were most optimistic about the economy since the summer of 2007, in part because of a happier view of the U.S. 362 more words

Weekly Financial News

In Furious Denial Over The Failure Of Leftist Economic Policy, Owen Jones Misrepresents Conservatism

Owen Jones continues to use his Guardian column to peddle lies and misrepresentations about conservative economic policy, in a Herculean effort to save British leftists from having to come to terms with their failed economic policy dogma. 707 more words

UK Politics

Updates on Conflicts in Syria and Yemen and an Economic Overview by Jeffrey Sachs

By Evan Pye

This week I read news articles on Middle Eastern affairs, including the crises in Syria and Yemen. I also read an overview of the United States’ economy by Jeffrey Sachs. 798 more words

Recession: Nigeria to sell $1 billion in Eurobonds

Nigeria is going through biting recession on the way to a bigger recession accompanied by galloping inflation and looming restlessness among the citizenry. As one of the panacea, the federal government will soon commence the selling of $1 billion in Eurobonds to finance a budget deficit, Nigerian officials said on Friday . 368 more words


The Fading Magic Of The Market

Poorer than their Parents?  That was the question McKinsey & Company posed and attempted to answer in their July 2016 report titled: Poorer Than Their parents? 567 more words


Dude, Where Did The Money Go?

How many times have you heard a nose picking, ass scratcher go on and on about those freeloaders (the poor) that are wasting government money?  Or that have string opinions about wasting money on unpopular programs like school lunches or pollution control or other such programs? 225 more words