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The US deficit is rising (both total and as a ratio to GDP) since Trump took office.
The total deficit for 2018 was $779 billion.
As of May 2019, the deficit for the year is $739 billion.
Projections for 2019 total are $1.1 trillion.
Since that would definitely break the debt ceiling, Dems...
http://thehill.com/homenews/house/231663-left-pushes-10-minimum-wage-but-leadership-balks
"But no Democratic leaders have endorsed the measure, and the silence coming from their offices this week has highlighted the potential political difficulty in raising the minimum wage — a move that’s...
It remains to be seen what (literally) a few billion spent on GOP propaganda will do over the next four months, but the people are not buying the message yet;
http://www.cbsnews.com/8301-503544_162-57453042-503544/poll-finds-more-blame-bush-than-obama-for-economy/
So despite the mess in Congress (brinksmanship, inability to compromise, the failed Super Committee, etc.), U.S. unemployment is at 8.6%, the lowest it's been since March of '09.
If it doesn't go back up significantly in the next year, is Obama a shoo-in for re-election? What if it continues...
http://news.yahoo.com/s/nm/20101124/bs_nm/us_usa_economy
"New claims for jobless benefits hit their lowest level in more than two years last week while consumer spending rose for a fourth straight month in October, suggesting the economy is nearing a self-sustaining recovery."...
Listening to a Talk Of The Nation discussion yesterday on the proposed across-the-board cuts in government spending, and talk got down to the military.
It was the opinion that military spending was a prime area for budget reduction, but how to proceed with two wars being fought and increasing...
http://www.nytimes.com/interactive/2010/11/13/weekinreview/deficits-graphic.html?hp
So according to this, by simply taxing the rich at the levels in place during the Clinton years, and making cuts to defense spending and ending the wars in Iraq and Af/Pak, I was able to eliminate the deficit...
Listening to NPR most of the day as I do, you get political commentary from all sides. Seems that a lot of lip service is being given to re-establishing/re-invigorating the manufacturing sector in the US.
This from Democrats, Republicans,and Tea Party types as well.
Everyone wants a return...
With all the effects of Obama derangement syndrom setting in (it's pretty humorous to find articals made within 6 months of his election calling him the worst president in history) i'd like to get your thoughts on if you believe 1 year 8 months is adequate time to deem Obama's term a...
Obama gave a great speech today punching the GOP right between the eyes. He pointed out that it was the GOP and it's ideology that led to the great recession. That it was their economic policies that we tried that brought our country to the toilet. He pointed out that they want to implement...
A mantra chanted by both Republicans and Democrats, though they are deeply divided about how to promote small business.
But the statement itself...Just what percentage of the economy is indeed "driven" by small business? Most small businesses are....Small, with only a few employees, few...
President Obama is making a testable prediction.
Odd, I thought it was the Internet bubble, with all its private investment in profitable, growing, desired enterprises that fueled economic growth that outstripped Congress' ability to spend it in the '90s.
Here it was just dumping a bunch of...
Is it time to do something about this?
Budget office projects U.S. deficit to hit $477 billion
Is the sheer size of these numbers causing people to become numbed to them? How long can we continue to rack up such debt before we hit the wall?
Hard to believe that we had a surplus when this...
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