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National deficits

Barack Obama: Are you satisfied?

During President Obama's so-called official start to his already year-long reelection campaign in Ohio today, Obama asked the crowd: "are...
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Whose budget creates biggest deficit Obama’s or Romney’s?

The airwaves are about to be filled with talking heads, spin masters, and attack ads harping about the national debt and deficit. Republicans will...
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Ryan Budget increases the debt and hurts everyone but defense contractors

The Republicans in the House of Representatives passed the Ryan budget, as it is called after its author Rep. Paul Ryan (R-WI), and claim it is a...
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To solve the debt, should Congress just do nothing?

American’s debt is not sustainable. If the nation does not reduce its debt both in real dollars, and as a per cent of GDP, our long term...
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Don’t forget: Republicans wrecked our economy

The American economy is in shambles. Close to 20 million Americans are un-employed or under-employed; we have a $14 trillion dollar debt, and most...
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Economist Robert Reich: The seven biggest economic lies as seen by a Progessive

On October 12th, Berkeley Economist and former Secretary of Labor under President Bill Clinton, Robert Reich discussed the seven biggest economic...
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Democrats should lead balance budget movement

Democrats in Congress, and President Obama should take the lead in the battle for a balanced budget amendment rather than let the Republicans and...
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Post Office woes due in part to Congress

The U.S. Postal Service has a $10 billion dollar deficit. So what is new? The Postal Service has been running deficits for years but like the...
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Debt downgrade results from refusal to accept that A will always equal A

Rating agency Standard and Poor’s announced on Friday that is was downgrading the credit rating of the United States from AAA to AA+. Many...
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Obama's 'Trillion-dollar deficits for years to come' catches up with us

By now you have no doubt heard the "unprecedented" news thatStandard & Poor'sdowngradedthelong-term sovereign credit rating on...
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