Nouriel has already commented on the Economic Report of the President. He didn’t exactly like its international chapter. It didn’t rub me the wrong way quite as strongly - in part because I am more ...
“Balanced budgets” have nothing to do with limited government. Neither does a budget surplus. As with most notions crafted by economists and the budgetary scolds they’ve long enabled, the notion of ...
In recent speeches and media scrums, President Donald Trump has lauded the federal budget surplus for the month of June, claiming the surplus had not happened in “many, many years” or “decades.” To be ...
If America had a solvent Social Security program that wasn’t promising rich couples $100,000 per year, the trade deficit would be dramatically smaller. Social Security’s Trustees just released their ...
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State budget forecast shows surplus now, but projects $3 billion deficit in next budget cycle
The latest state budget forecast released on Wednesday shows Minnesota with a healthy surplus in the short-term, although lawmakers must still tackle a projected $3 billion deficit in the next budget ...
In July 2025, a meme accurately claimed that, since U.S. President Ronald Reagan, the deficit deepened under every Republican president while it decreased under Democratic presidents. Taken in ...
Alberta posted a larger-than-projected surplus in its most recent fiscal year, providing the oil-rich province with some cushion against an expected trade war-driven shortfall in the current period.
The global copper market is going from surplus to shortage, according to the latest International Copper Study Group (ICSG) report. The 178,000-ton surplus projected for 2025 could flip to a ...
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