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http://www.voxeu.org/article/fiscal-expansion-2007-09-all-about-transfers Large fiscal expansion for all countries, In the US the ratio of government spending to GDP increased by 4.4% which was the largest two year growth in the last 50 years. (budget)
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http://www.brookings.edu/research/opinions/2010/12/23-econ-forum In early November, the Federal Reserve announced a plan to purchase $600 billion of longer-term Treasury securities by mid-2011. This was done because of our debt challenges. This is in the budget category.
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http://www.brookings.edu/research/opinions/2010/12/23-econ-forum The federal budget deficit shrank as a percentage of GDP for the third year in a row in 2012 will fall again in 2013. At an estimated $845 billion the 2013 imbalance would be the first deficit in five years below $1 trillion. (savings)
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LINK
At this point in 2015, the US inlfation expectations were the lowest in years. Given the apparent stability of inflation expectations, there is good reason to believe that inflation will move higher as the forces holding down inflation dissipate further. -
Obama took office in 2008 with a deficit of 9.5%, now the deficit is only 2.5%. Obama has reduced spending in programs such as NASA.
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Rasing taxes for teacher pensions
Major Emanual has promised to rasie chicagos taxes in order to raise teacher pensions. Five months ago, Emanuel offered to raise property taxes by $170 million for teacher pensions
