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Spending Surge On Financial System Pushing Deficit Towards $1 Trillion

Congressional leaders and both presidential candidates are proposing billions of dollars in tax breaks and other measures to stoke economic growth, a[...] read more »
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Federal Deficit Could Soar to $1 Trillion in 2009

Think the deficit and debt are bad now - $30,000 for every person in the US. Just wait another year. This is the unspoken story. We're just trading [...] read more »
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Ontario deficit $2.5B worse than expected

Ontario's deficit for the last fiscal year was $2.5 billion higher than expected, driven by a 48 per cent drop in corporate tax revenue. read more »
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FY 08 budget deficit swells to record $455 billion

The U.S. budget deficit hit a record $455 billion in fiscal 2008 as a slowing economy sapped revenues while spending on wars, bank failures and unemp[...] read more »
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Chinese Miracle Growth Falters

For most governments, a growth rate of 9 per cent in the midst of a global financial calamity would be little short of a miracle. Yet in China, such [...] read more »
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Federal Budget Deficit and National Debt Projections Point to Uncertain US Economic Future

Is our economic future in question? read more »
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Deficit Spending and Hard Money

If money were real, would the US people care how the government spent it? I think they would. read more »
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Secret #1: Social Security is a Ponzi Scheme

Social Security is a Ponzi scheme even bigger than Madoff's. Here's the truth that many people don't yet know. read more »
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The Gold Standard... Or The Bold Standard

The logical conclusion would be to go back on the gold standard and the economic crisis will go away. Again, not an expert, but this idea just doesn’t jibe. read more »
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Creative Budget Balancing

States across the country are hurting. High unemployment numbers and reduced corporate profits have gutted tax revenue. As such, state governments ar[...] read more »
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Why the Yen is No Longer a Safe Haven Bid

Japan reported a Current Account deficit today as export demand and higher yen significantly reduced export earnings while global credit crisis lowe[...] read more »
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US trade deficit hits surprise nine-year low

The US trade deficit fell more than expected in February to a nine-year low as a prolonged recession sliced imports, the Commerce Department said Thu[...] read more »
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President Obama Announces A $1.75 Trillion Deficit & $3.6 Trillion Budget

Americans have been questioning where President Obama would get the funds to spend on all of the programs that he had promised. After releasing his b[...] read more »
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The Rise and Fall of America

Has America's free ride come to an end after 200 years? What will happen over the next few years as spending and deficits increase? read more »
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If a deficit falls in the forest

A lot of politicians and political operatives in DC are very impressed by polling that shows people concerned about the budget deficit. read more »
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