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... 2 includes economist comment.)
The October 2009 trade deficit represented 16.4% of exports, which was below an average of ... trade balance fell into negative territory in October, with a deficit of NZ$23 million from a surplus of NZ$13 ... has helped to underpin some of the improvement in the current account deficit.
However, looking ahead the trade balance is unlikely to hold onto its gains. Import ...
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... by bond vigilantes, so can we.”
I would interpret this evidence differently. A high deficit often is an unfavorable symptom of bad politics, even if you think the high deficit is economically OK on its own terms. It’s a sign that you have dysfunctional institutions and decision-making procedures, as indeed they do in Belgium and Italy. I believe that ...
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Hartford (WTNH) – Governor M. Jodi Rell announced Tuesday a comprehensive deficit mitigation plan intended to erase a shortfall of nearly $470 million in the state budget that took effect in September. The plan includes both spending cuts made under Governor Rell’s authority and cuts requiring legislative approval, further “fund sweeps” and - for the first time during this ...
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... the impact of the recession and the global economic crisis from late 2008, Calgary is also suffering financially. The city approved its 2010-11 budget with an expected $13.5 million budget deficit. The gap is not expected to be closed despite approval a day before by the city council of a tax increase a little below five percent for next fiscal year. It would cost Calgarians $54 more on their ...
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Nov. 27 (Bloomberg) — New Zealand posted its smallest annual trade deficit in almost seven years in October as imports slumped, outpacing a decline in exports. The shortfall narrowed to NZ$1.16 billion ($830 million) in the 12 months ended Oct. 31 …
Read more of this article click here –> wine - Bing News
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... how cuts to personal income taxes could be much more than a partial explanation for a structural deficit, although they probably did eliminate the structural surplus.
How about GST and corporate income taxes?
And ... further.)
I don't know how the PBO calculated its estimate for the structural deficit, but sifting through these data suggests that its numbers are quite plausible. I'm ...
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