deficits

In short, his credibility about macro, especially in regards to the effects of debts and deficits, is questionable.

It's the same effect the US suffered as US budget deficits hammered the dollar from 2001-2009 or so.

There isn't a single EU country where 'correcting government deficits' with taxes and spending cuts helped the economy.

First, the graph you complained about is specifically showing large budget deficits for the last 14 years or so.

Instead, increased revenues, such as provided by Reagan's tax rate cuts, allows higher leverage AKA deficits.

Most states are limited in the ways they can borrow money and don't run deficits that are large percentages of GDP.

The US runs a massive trade deficits, it takes a far worse hit on a weaker currency than it benefits from such.

But I don't have much patience for complacent musings on deficits of a whole group of people.

Both, RVO and 'move' are workarounds for language deficits - workarounds gone wrong.

Not just that, but they've also been running huge deficits every year.

Europe is going the route of limiting deficits (as Warren Buffet suggests in his letter) and receives lots of criticism for this from US economists.

Certain problems would be picked up by the FDA studies and taken into account when setting residue limits; other problems (like slight mental deficits) wouldn't.

So "starving the beast" seems to be the best approach, until, of course, the accumulated deficits are inevitably reneged on one way or another (e.g.

There is one "learning deficits" that seems to be someone else...

> hey allowed a "soft landing" in correcting government deficits.