Tags » Deficit

Top 8 Reasons to Find the Emergency Exit Before this Fall

By Michael Pento – Re-Blogged From PentoPort

The stock market was trading at an all-time high valuation of 150% of GDP this January. That was indeed the bell rung at the very top. 982 more words

GDP & Employment

Republican's Single Accomplishment; Tax Fraud

Trump and his Republican puppets constantly brag about their “accomplishments.” The truth is that everything they claim to be their own was actually a success of President Obama’s administration. 387 more words

It's The Trump Slump---But Don't Blame The Donald!

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

The are few snarkier defenders of the current rotten financial status quo than Ben White of Politico’s… 1,459 more words

GDP & Employment

On The Deficit, GOP Has Been Playing Us All For Suckers

(Source: www.forbes.com)

To say we’re all being played by House and Senate Republicans and the Trump administration when it comes to the deficit is my polite way of saying that the GOP is operating the federal equivalent of a huge budget  727 more words

Money Matters

Pew: US State Pension Funding Gap Rises to $1.4 Trillion in 2016

By Thomson/Reuters – Re-Blogged From Newsmax

The funding deficit for U.S. state public pension systems rose to a record-high $1.4 trillion in fiscal 2016, a nearly $300 billion increase from fiscal 2015, according to a Pew Charitable Trusts report released on Thursday. 220 more words

Stocks

Prognostications on the Deficit

We all knew this would happen.

First, we had a tax cut for the rich, which, according to Treasury Secretary Steve Mnuchin, will not only pay for itself, but will also help pay down the debt. 746 more words

Politics