budget deficit

Study Tests Claims of Republican Candidates’ Debt Plans Newt Gingrich is the biggest budget-buster. His plan would increase the debt by $7 trillion over baseline (the baseline here means the amount that debt is already projected to increase under current policy). Rick Santorum's plan would...

This article is an oldie but a goodie. It explains why trade deficits and government budget deficits aren't very good indicators of the health of an economy. The title of the article, which I used as-is for the thread, is bit of an exaggeration. It's not that these deficits don't matter at all...