Well, for the past four years actual tax receipts have consistently come in below expectations, so that the deficit is even bigger than one might have predicted given the administration’s don’t-tax-but-spend-anyway...
Read More“China had its third-highest monthly trade surplus on record in June as exports surged to an all-time high, suggesting trade disputes and calls for the nation to revalue its currency won’t ease. The trade surplus...
Read MoreThe red-hot housing market in booming cities across the country has made the dream of owning a home out of reach, not only for low-income families but also for white-collar professionals. “Many of the overheated real...
Read MoreThe rightwing blogs are touting the recent 5% unemployment rate, claiming it is a sign of economic strength. In addition, there are numerous postings that wages have increased, proving that all the job growth is not in...
Read MoreTrade deals such as NAFTA and the proposed CAFTA provide difficult challenges for Democrats. The essential problem is one of perspective. The US sees a situation through the eyes of the most prosperous country on...
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