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Usbudget Deficit

Structural Mega-Deficits Threaten To Stifle The U.S. Economy

Sheldon Filger | Posted 05.25.2011 | Business
Sheldon Filger

In the last 100 years, encountering a year during which the U.S. government has achieved a balanced budget has been as rare as the likelihood that Vladimir and Estragon will actually meet Godot.

U.S. Treasury Sweating Bullets over Financing Swelling Deficits

Sheldon Filger | Posted 05.25.2011 | Business
Sheldon Filger

The warning is crystal clear. Before the onset of the current financial and economic crisis, the U.S. had structural deficits measured in the hundreds of billions of dollars.