Pages

▼

Pages

▼
Showing posts with label deficit. Show all posts
Showing posts with label deficit. Show all posts
Thursday, January 23, 2020

Mnuchin says US must cut spending and reduce the deficit: Recipe for guaranteed recession.

›
Mnuchin says the U.S. government must cut spending and reduce the deficit. This will absolutely guarantee a recession. It's amazing th...
33 comments:
Monday, September 9, 2019

The deficit has just surpassed one trillion

›
The deficit has just surpassed $1 trillion. Actually, $1.033T as of September 5. This is the largest deficit in 7 years and the largest as...
5 comments:
Monday, August 19, 2019

Deficit is $930 bln. Why are all the prominent MMTers silent on this? They should be cheering, no?

›
The deficit as of August 15, was $931 bln. That's the highest in 7 years. And as a percentage of GDP it's now at 4.4%, the highes...
16 comments:
Wednesday, October 10, 2018

Scott Minerd again. Calls stock market "Titanic heading for an iceberg." You gotta buy.

›
Guggeheim Partners' Scott Minerd says the stock market is like "the Titanic heading for an iceberg." Look... “Just as a...
Sunday, September 9, 2018

Deficit balloons to $980 bln. Where are all the MMT gods cheering this??

›
A giant end-of-month spending spree in August has ballooned the Federal defiicit to $980 bln and 4.8% of GDP. This is the largest nominal ...
11 comments:
Sunday, December 18, 2016

Trump stimulus? Fuhgeddaboudit. A super duper deficit hawk is now his Budget Director.

›
Trump has been choosing deficit hawk after deficit hawk, casting MAJOR doubt on his stimulus plans, except of course for rich people and cor...
48 comments:
Monday, July 11, 2016

It's not about the forking deficit.

›
Case closed. This is the only place where the right ideas have been coming out. We called everything to a tee, even when there was ne...
2 comments:
Tuesday, May 31, 2016

Deficit is too small? Consumer spending rose most in six years.

›
Consumer spending rose 1 percent last month after a flat reading in March, the Commerce Department reported Tuesday. Incomes were up a ...
Monday, April 11, 2016

What if the deficit grows (as it is doing) and then the economy tanks? What will the "deficit is too small crowd" say then?

›
Don't laugh. This could happen. The deficit is growing again and flows (thankfully) are still strong, however, I am seeing some things...
Wednesday, April 6, 2016

The deficit is now $73 billion larger than last year and growing.

›
The deficit for the fiscal year is now $535 billion. That is $73 billion above same time last year. (Figures compiled right from the Daily T...
10 comments:
Saturday, April 2, 2016

Manufacturing is expanding again. I guess no one told the manfacturers that the deficit was too small!

›
Chalk this up to my "excitable comments, uber alles," I guess.
3 comments:
Saturday, March 26, 2016

Federal deficit is going up again. Up $40 billion versus last year.

›
The Fedeal deficit is growing again. It's up $40 billion versus the same time last year. Deficit $469b vs $427b in 2015 I aleady...
5 comments:
Friday, March 18, 2016

We crushed it here at MNE! Sorry, no one even came close.

›
First I want to address a post I put up here the day of the conclusion of the Fed meeting when I said the stock rally (that day) wouldn...
2 comments:
Monday, March 7, 2016

China says it is increasing deficit to support growth

›
"We are increasing the debt-to-GDP ratio to support achieving a medium- to high-speed rate of economic growth," said Lou. ...
2 comments:
Tuesday, March 1, 2016

I told you to buy the dips

›
You can listen to others who have been wrong for three years running, worried about the size of the deficit or, you can follow us here when ...
1 comment:
Monday, February 29, 2016

Keep buying the dips. Spending really accelerating now.

›
Federal Government spending is really accelerating now. We are $45 billion over last year and last year was the biggest increase in six year...
4 comments:
Friday, February 26, 2016

No recession. Q4 GDP revised up. Flows tell it all, as we have been saying. Deficit based forecasts have been wrong, wrong, wrong.

›
How many times do we have to say it? Matt and I have been saying over and over and over that these deficit-based forecasts are stubborn and ...
20 comments:
Friday, February 19, 2016

Spending up YUGE! Starting to really accelerate. Here we go go go!!!

›
After that late, Jan-early Feb hiccup (IRS glitch, paperwork, whatever), Federal Gov't spending is now really starting to take off. Chec...
8 comments:
Tuesday, January 19, 2016

CBO says deficit going to grow this year as I predicted. What are all those "deficit is too small folks" going to say now?

›
The Congressional Budget Office is out with its new deficit projections for 2016 and they are now saying that the deficit is going to gro...
5 comments:
Friday, December 18, 2015

I'm in a debate with deficit terrorist, Maya McGuiness, on Twitter

›
She's all depressed over the budget deal, which she says will "blow a hole" i the deficit. By that way, that probably means it...
17 comments: