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Government Deficit

The Government's Trust Deficit Overhangs the Economy

James Grundvig | Posted 11.21.2012 | Politics
James Grundvig

If presidential candidate Mitt Romney continues to step on his tongue and shoot himself in the foot and President Obama lacks the political will to tackle the deficit, then the trust gap between we the people and Washington expands until action replaces talk.

Feds Admit They're Not Growing Economy

The Huffington Post | Bonnie Kavoussi | Posted 03.05.2012 | Business

The government is the second largest component of the U.S. economy, making up one-fifth of all economic activity. But federal, state and local gov...

It's the Years, Not the Mileage: IMF Analysis of Pension Reforms in Advanced Economies

Benedict Clements | Posted 04.02.2012 | Business
Benedict Clements

Advanced countries face difficult choices as they undertake fiscal adjustment. While pension reforms will certainly need to be part of the picture, we must keep in mind the vital role pensions play in reducing old-age poverty.

USA: Fiscal Reform or Failure?

Rob Taub | Posted 01.30.2012 | Politics
Rob Taub

Call me naive, but I don't know anyone who would willingly let an incompetent manage their money, yet as taxpayers all of us allow the government to do so every day.

National Debt: GOP, Democrats Both Helped In Driving Deficit Sky High

AP | TOM RAUM | Posted 06.14.2011 | Politics

WASHINGTON — Two centuries after America's birth, the national debt was a bit under $1 trillion when Ronald Reagan took office in 1981. Just thr...

Moody's Expresses Concerns Over U.S. Debt

The Huffington Post | William Alden | Posted 05.25.2011 | Business

If the U.S. doesn't reduce its deficit, the consequences could be dire, two groups of experts warn. The ratings agency Moody's, whose judgments affec...