For the first time since the financial crisis of 2008-2009, the U.S. Federal budget deficit will rise relative to the economy. The deficit will reach nearly 3% of the nation's gross domestic product in 2016.
Increasing debts seem likely in the next decade as the economy and federal budget is rather ill-founded.
http://www.ft.com/cms/s/0/84539cf4-bed2-11e5-846f-79b0e3d20eaf.html#axzz3xofgI9Ec
The continuing very slow oil price per barrel -just 27$ today, will ease the transition to a sustainable economy with lower comparative entropy and more efficiency if intelligent political leadership has a will to do so perhaps renewing U.S. independence economically speaking and leading the way bite example.Full employment,guaranteed minimum income and housing that is realistic environmentally offer opportune goals for a better society.
Increasing debts seem likely in the next decade as the economy and federal budget is rather ill-founded.
http://www.ft.com/cms/s/0/84539cf4-bed2-11e5-846f-79b0e3d20eaf.html#axzz3xofgI9Ec
The continuing very slow oil price per barrel -just 27$ today, will ease the transition to a sustainable economy with lower comparative entropy and more efficiency if intelligent political leadership has a will to do so perhaps renewing U.S. independence economically speaking and leading the way bite example.Full employment,guaranteed minimum income and housing that is realistic environmentally offer opportune goals for a better society.
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