I don’t like tax increases, but I think we have to be realistic. When we have a $2 trillion deficit, the solution is probably not going to be entirely spending cuts. And we also have to understand that the recent rounds of tax cuts, they didn’t have the benefits that were promised.
And the reason they didn’t have those benefits is because our problem in our … [ Read more ]
Author: Oren Cass | Source: PBS NewsHour | Subjects: America, International, Politics & Public Policy
The ideologue looks at life and says, “what’s right works”; the pragmatist looks at life and says, “what works is right.”
Author: Mark Shields | Source: PBS NewsHour | Subject: Politics & Public Policy
What is a trade deficit?
A trade deficit happens when a country’s imports of goods and services exceed its exports of goods and services. In other words, when a country buys more from the rest of the world than it sells, the country incurs a trade deficit. […] The size of the trade deficit is primarily determined by four macroeconomic forces:
Authors: Euijin Jung, Gary Clyde Hufbauer | Source: PBS NewsHour (February 2, 2017) | Subjects: Articles & Links, Economics | Economy, Excerpts
So that’s what we mean when we say America is exceptional. Not that our nation has been flawless from the start, but that we have shown the capacity to change, and make life better for those who follow.
Yes, our progress has been uneven. The work of democracy has always been hard, contentious and sometimes bloody. For every two steps forward, it often feels we take … [ Read more ]
Authors: Barack Obama, Darlene Superville, Josh Lederman | Source: PBS NewsHour (January 10, 2017) | Subjects: Articles & Links, Excerpts, People, Politics & Public Policy