New: deficitAll contenthive-129948hive-196917krzzanhive-183959hive-180932steemhive-185836uncommonlabphotographyhive-166405bitcoinhive-183397hive-145157hive-144064hive-150122hive-188619hive-109690lifehive-139150hive-101145hive-124908hive-113376krsuccesshive-193186TrendingNewHotLikersdarth-cryptic (58)in economics • 2 months agoWhy the United States Lost Its AAA Credit RatingAmerica’s Founding Fathers warned us about this. James Madison called public debt “a public curse, and in a Republican Government a greater curse than any other. "Benjamin Franklin called it a…arbitration (78)in politics • 3 months agoCircus debate is so pointless.Someone just asked me if we were watching the debate tonight, and she said something along the lines of "I don't know that tonight is a great night for a drinking game". I'm a political junkie…nooses (78)in fed • 4 months agoDon't be fooled by this destructive policy.The loss is because they bought government bonds at high prices from bondholders to facilitate their replacement purchase of the new bond issue and thus monetize government deficit spending above…kenji11 (56)in sumitomochemical • 5 months agoSumitomo Chemical's final deficit was 312 billion yen, apparently. | 住友化学の最終赤字3120億円だったらしい。連結子会社である住友ファーマの医薬品の特許権などで合計1808億円の減損を計上したそうなのですが最終赤字が3000億円以上になるのは恐ろしいですしこのまま赤字が増えていけばヤバそうな感じがしますね。しかし住友化学の会長は経団連の会長もしており消費税を上げるように言ってたりしていたからよそ見をしたせいでここまでの赤字転落をした可能性もありえますね。 The company has…darth-cryptic (58)in economics • 5 months agoCongress’s 4,155-Page Omnibus Bill Is a Symbol of American DecadenceAs Americans, we have become numb to the money-gobbling maneuvers of the bureaucratic machine. But maybe we shouldn't be. Source: Congress’s 4,155-Page Omnibus Bill Is a Symbol of American…darth-cryptic (58)in economics • 5 months agoThe Unseen Cost of Government LargesseWith America’s debt now hovering near 125 percent of GDP, and deficits topping $1 trillion yearly as far as the eye can see, we can no longer ignore this drag on the US economy. Source: The…flexbooth (78)in government • 7 months agoThis piece is good on Warburton and what causes inflation.Central Bank monetization of government spending above tax collections. But it does not develop the resulting inflationary process RULE: Prices rise until the real value of wealth decline is…sysuperior (44)in palestinian-israeli • 8 months ago글로벌 뉴스2024.01.13예멘 후티 반군, 또 공격 백악관 국가안보회의(NSC) 전략소통조정관 존 커비(John Kirby)는 기자회견에서 미국 정부가 '대통령 예산권한'을 통해 우크라이나에 군사 지원을 제공하기 위해 제공한 현재 자금이 소진됐다고 밝혔습니다. 우크라이나에 대한 미국의 군사 지원이 중단되었습니다. (러시아-우크라이나 전쟁이 거의 끝났습니다)…sysuperior (44)in war • last year글로벌 뉴스2023.09.05블라디미르 푸틴 러시아 대통령이 러시아 소치에서 열린 회담에서 타이이프 에르도안 터키 대통령을 환영하고 있다. 미국 독립 연구기관인 연방예산책임위원회(Federal Budget Accountability Committee)의 추정에 따르면, 이달 말 종료되는 2023 회계연도에 미국 연방 재정 적자는 2022 회계연도의 2배로 늘어날 수 있다.…lefirst01 (26)in us • last year美国正在失败由于政府支出超过收入，美国赤字已飙升至 1.39 万亿美元的历史新高。这是经济学家的主要担忧，他们担心这可能导致通货膨胀和其他经济问题。sysuperior (44)in deficit • last year글로벌 뉴스2023.04.19월스트리트저널(WSJ) 기자 에반 게르시코비치(Evan Gershkovich)는 지난 3월 취재 도중 구금돼 간첩 혐의로 기소됐다. 미국 연방 예산 적자는 3월에 3,780억 달러나 급증하여 2022년 9월 22일 이후 월별 적자 최대치를 기록했습니다. 동시에 Bank of America는 4월 정부 세수가 전년 대비 14% 감소할 수 있다고…walkerlv (54)in book • 2 years agobook review: the deficit mythI recently read "The Deficit Myth" by Stephanie Kelton and found it to be an informative and thought-provoking read. One of the key takeaways from the book is that Modern Monetary Theory (MMT) is…darth-cryptic (58)in economics • 2 years agoIvy League Analysis Destroys Biden’s Entire Argument for Multi-Trillion-Dollar ‘Build Back Better’ Spending PlansThis article is from last year. The good news is that this spending plan was cut in half. The bad news is that it is still $1.7 trillion (to start with). “[This is] a framework that will…zafrada (78)in real • 2 years agoHousing costs remain high due to deficits in new housing supply since GR.Maybe this is just something that isn't widely known, but a huge reason why housing costs are so high is we are still digging ourselves out of an enormous deficit of new housing supply since the…zafrada (78)in inflation • 2 years agoProjected deficit reductions from IRA 2022.Effect of the Inflation Reduction Act on the federal deficit (this is based on the old CBO score. CBO hasn't scored the recent changes). Note: this includes the CBO's estimated revenue from…lucigents (77)in life • 2 years agoAre You Suffering From Intention Deficit Disorder?Are you suffering from Intention Deficit Disorder? Are you always sidetracked? Do you feel like you're just existing instead of living life to the fullest? If you answered "yes" to either of these…darth-cryptic (58)in news • 2 years ago‘Fiscal Insanity’: Senator Joe Manchin Comes Out Against Biden’s $3.5 Trillion Spending Proposal“America is a great nation but great nations throughout history have been weakened by careless spending and bad policies," the senator warned in a statement dooming the $3.5+ trillion proposal.…flexbooth (78)in politics • 3 years agoInterparty Democrat rivalries are weird.The country is nearing $30t in debt, we're running over $3t deficits with no end in sight, our debt to GDP ratio is over 125%, existing entitlements are paying out more than they're taking in…darth-cryptic (58)in economics • 3 years agoWe Just Got Proof Global Inflation is SurgingIt’s increasingly impossible to deny that both in the US and globally, prices are on the rise. Here's what we just learned—and why it matters. Source: We Just Got Proof Global Inflation is…digitalgoldcoin (51)in gold • 3 years agoState Mints Are Experiencing Gold DeficitsKitco News recently interviewed Edmund Moy, former director of the United States Mint. He talked about the current deficit of gold and silver investment products in many countries and said that it…
