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Trade Deficit
If our trade deficit increases at a time when consumer spending is falling and investment is flat, fiscal policy will be the only game in town. Hopefully, dollar appreciation will slow enough for net exports to continue growing and supporting our economy — and our jobs. http://economix.blogs.nytimes.com/2008/12/10/the-impact-of-foreign-trade-on-the-economy/?_php=true&_type=blogs&_r=0 -
Budget Deficit
In this year the total deficit fell to 455 billion. http://money.cnn.com/2013/10/30/news/economy/deficit-2013-treasury/ -
Leadership Deficit
Barack Obama's stimulus package was a huge failure, coting up to $831 billion. This caused the total deficit to go even higher. http://cnsnews.com/blog/terence-p-jeffrey/obamas-stimulus-documented-failure -
Trade Deficit
The trade deficit - the difference between imports and exports - hit $497.8bn last year, up 32.8% on the year before, the biggest annual percentage gain since 2000. http://www.bbc.co.uk/news/business-12431066 -
Savings Deficit
This occurred in 2011 and 2013.
The debt ceiling is a limit imposed by Congress on how much debt the U.S. can carry at any given time. It's like a limit imposed by your credit card company.
For this reason, the debt ceiling was usually raised without much discussion between Congress and the President. In fact, during the last ten years, Congress increased the debt ceiling
ten times -- four times in 2008 and 2009 alone. http://www.washingtonpost.com/business/government-likely-to-exhaust-debt-c -
Budget Deficit
The U.S. deficit fell to 1.1 trillion dollars. http://money.cnn.com/2013/10/30/news/economy/deficit-2013-treasury/ -
Savings Deficit
The U.S. economy has grown faster than expected in recent months, and energized American shoppers are the reason why. In September, October and November, consumer spending increased faster than it has in any three-month period since the Great Recession ended. http://www.washingtonpost.com/business/economy/a-familiar-economic-trend-in-america-spending-up-saving-down/2013/12/26/c916c814-6e72-11e3-a523-fe73f0ff6b8d_story.html -
Leadership Deficit
ObamaCare's cost is estimated to be up to a net cost of $1.36 trillion dollars by 2023, causing our total deficit to rise over $200 billion in the first 10 years, and over $1 trillion over the next decade. http://obamacarefacts.com/costof-obamacare.php
