Tags » Congressional Budget Office

Trumponomics II. Debt

As I discussed in my last post, Donald Trump’s primary mandate from the presidential election is to get the economy growing faster in order to help out his base of blue-collar workers who have suffered wage stagnation for many years and especially since the end of the Great Recession in June 2009.  263 more words

Jack Heidel

A 'primer' on U.S. military force structure

The U.S. Department of Defense (DoD) is the world’s largest organization. So, examining the defense budget has got to be pretty daunting. The enormity and complexity of the U.S. 497 more words

Department Of Defense

An existential threat to the United States

By Tom Quiner

The president’s smug gene was in overdrive:

“It is sometimes important for people to step back and measure how far we’ve come. The economy right now is better than any other economy in the world by a significant margin.

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HIllary Clinton

New CBO Numbers Confirm Simple Task of Balancing the Budget with Modest Spending Restraint

It’s not a big day for normal people, but today is exciting for fiscal policy wonks because the Congressional Budget Office has released its new 10-year forecast… 689 more words

Fiscal Policy

The Real Numbers on the Budget Deficit

The March projections on America’s Budget Deficit was projected to reach a 22 percent increase, but the latest projection shows it will be closer to a 35 percent increase or $590 billion. 19 more words

News

Why We Should Be Deeply Worried about Our National Debt

My last post is highly critical of the economist and New York Times columnist, Paul Krugman, for encouraging massive new deficit spending to stimulate our under-performing economy. 332 more words

Jack Heidel

Hillary’s Or The Donald’s Economy: Heads We Lose, Tails We Could Lose

Hillary’s ideas for her economy have varying levels of appeal.  They include free college, major expenditures on infrastructure, improved health and elder care, “help parents balance work and family” and an absurd $15 national minimum wage (leading to greater loss of jobs in many states with much lower costs of living).   387 more words

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