At least that's a start.
http://www.washingtonpost.com/business/ ... story.html
Budget deficit totals $349B through first 4 months; on pace to pass $1T for 4th straight year
Let's keep the US budget deficit under $1 trillion per year.
Moderator: Global Moderator
Let's keep the US budget deficit under $1 trillion per year.
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Compassion Commitment Communication
~~~~~~Wisdom Work Wealth~~~~~~
Compassion Commitment Communication
~~~~~~Wisdom Work Wealth~~~~~~
Re: Let's keep the US budget deficit under $1 trillion per year.
I would have to disagree.
Our budget deficit was smaller than our trade deficit from 1997-2008, draining our economy of cold-hard savings.
Only since 2009 have we been running deficits large enough to service both foreign demand for our money and domestic need for high-powered medium of exchange.
We have a lot of making up to do to repair our balance sheets.
Our budget deficit was smaller than our trade deficit from 1997-2008, draining our economy of cold-hard savings.
Only since 2009 have we been running deficits large enough to service both foreign demand for our money and domestic need for high-powered medium of exchange.
We have a lot of making up to do to repair our balance sheets.
"Men did not make the earth. It is the value of the improvements only, and not the earth itself, that is individual property. Every proprietor owes to the community a ground rent for the land which he holds."
- Thomas Paine
- Thomas Paine