Econ Comments & Analysis
Real Clear Markets | A Good, But Not Great, Highway Bill
On Thursday the House Transportation and Infrastructure Committee marks up its new transportation bill, the American Energy and Infrastructure Jobs Act.
Motley Fool | America: The World's Debt Destroyer
If you think America is ravaged by debt, stop and take a look around. The United States is one of the only developed nations on Earth shedding debt in a meaningful way.
CBO | Testimony on the Budget and Economic Outlook: Fiscal Years 2012 to 2022
CBO projects a $1.1 trillion federal budget deficit for fiscal year 2012 if current laws remain unchanged. Measured as a share of the nation’s output (gross domestic product, or GDP), that shortfall of 7.0 percent is nearly 2 percentage points below the deficit recorded in 2011
Blogs
Daily Capitalist | Euroland’s Hidden Balance-of-Payments Crisis
Below the surface of the euro area‘s public debt and banking crisis lies a balance-of-payments crisis caused by a misalignment of internal real exchange rates.
Atlantic | CBO: How Hosed Are We?
The projections continue to deteriorate, largely because the recession has been longer and deeper than the CBO projected. We can now expect $1 trillion deficits even past Obama's first term.
