tag:blogger.com,1999:blog-6616959642391988608.post1382788576653291276..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: The incredible shrinking budget deficitScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger16125tag:blogger.com,1999:blog-6616959642391988608.post-65572684996686792592013-09-15T06:35:16.208-07:002013-09-15T06:35:16.208-07:00OECD Composite leading indicators
09/09/2013 - Co...<b>OECD Composite leading indicators</b><br /><br />09/09/2013 - Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend, continue to signal diverging growth patterns across major economies. <b>The CLIs point to improvements in growth in most major OECD countries but stabilising or slowing momentum in large emerging economies.</b><br /><brWilliamhttps://www.blogger.com/profile/04418491109912775561noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-51928844155340791032013-09-14T18:30:15.513-07:002013-09-14T18:30:15.513-07:00Schaeffer's Investors Intelligence
However th...<b>Schaeffer's Investors Intelligence</b><br /><br />However the Mutual Fund Newsletter writers are not enthused.<br /><br />Date-----Bulls----Bears<br /><br />09/11 37.1 22.7<br />09/04 37.1 23.7<br />08/28 38.1 23.8<br />08/21 43.3 21.6<br />08/14 47.4 20.6<br />08/07 51.6 18.5Williamhttps://www.blogger.com/profile/04418491109912775561noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-56120428426097879682013-09-14T18:26:11.710-07:002013-09-14T18:26:11.710-07:00ECRI Weekly Leading Index Rises
A measure of futu...<b>ECRI Weekly Leading Index Rises</b><br /><br />A measure of future U.S. economic growth hit its highest level in more than three years last week.<br /><br />The Economic Cycle Research Institute said its Weekly Leading Index rose to 132.3 in the week ended Sept. 6, up from 131.5. The reading was the highest since the week ending April 30, 2010.<br /><br />The index's annualized growth rateWilliamhttps://www.blogger.com/profile/04418491109912775561noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-74413645988424559362013-09-14T18:19:29.400-07:002013-09-14T18:19:29.400-07:00At long last, the Aruoba-Diebold-Scotti Business C...At long last, the Aruoba-Diebold-Scotti Business Conditions Index has turned dramatically upward:<br /><br />http://www.philadelphiafed.org/research-and-data/real-time-center/business-conditions-index/<br /><br />Published by the Philly FED.Williamhttps://www.blogger.com/profile/04418491109912775561noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-59539195842340716712013-09-14T11:09:55.154-07:002013-09-14T11:09:55.154-07:00Amen, Steve. Yep, the young are just greasing the...Amen, Steve. Yep, the young are just greasing the pole they will have to shinny up to attain their economic success. Hoisted by their own petard, you might say.<br /><br />sgt.red.blue.redhttps://www.blogger.com/profile/08132657702786638326noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-81667126421087123282013-09-14T05:51:51.606-07:002013-09-14T05:51:51.606-07:00the real irony of the obama admin is that the peop...the real irony of the obama admin is that the people who supported him most in both elections, youth, "minorities", women are faring the WORST with this tepid recovery and those most opposed to him, well off white guys are faring the best. if you're a stock investor, you gotta love him. stevehttps://www.blogger.com/profile/07387986994469835875noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-14260456064406016822013-09-13T22:11:15.059-07:002013-09-13T22:11:15.059-07:00to Constable:
I await your action plan for the de...to Constable:<br /><br />I await your action plan for the destruction of the Health Care Cartels. I assume you mean the insurance companies, for-profit medical service suppliers and the medical licensing boards. <br /><br />Who will swing the axe? <br /><br />My own pet plan for heath care cost reduction is to allow nurses and RN's to compete with doctors. Your comment about cartels sounds bt1138https://www.blogger.com/profile/12553727351980206958noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-16473049818715080842013-09-13T18:12:21.994-07:002013-09-13T18:12:21.994-07:00I'm on a road trip out West {Yellowstone N P} ...I'm on a road trip out West {Yellowstone N P} but I check in daily.Williamhttps://www.blogger.com/profile/04418491109912775561noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-16462618307034716932013-09-13T12:55:22.251-07:002013-09-13T12:55:22.251-07:00Hear is the rest of the story...
http://cnsnews.c...Hear is the rest of the story...<br /><br />http://cnsnews.com/news/article/terence-p-jeffrey/2472542000000-record-taxation-through-august-deficit-still-755b<br /><br />Tax extortion is up by 50% over the past decade and they still can not balance a budget...<br /><br />This nation is run by nuts and dolts..Hanshttps://www.blogger.com/profile/05183141792723754273noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-89915011732456868452013-09-13T11:14:07.091-07:002013-09-13T11:14:07.091-07:00My bad. The following comment was supposed to be f...My bad. The following comment was supposed to be for this post, not the previous one:<br /><br />Its weird - going through your blog entries from 2009 onwards, every dip in the markets is attributed to Obama. Well, the markets are up big since then but somehow none of it is due to any of Obama's actions ? At least be consistent in your causality. You sound just as irrational as all the peopleamritsarihttps://www.blogger.com/profile/03968805404670583901noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-56606251803510507962013-09-13T10:36:19.235-07:002013-09-13T10:36:19.235-07:00Just goes to show you, that it helps when the Fed ...Just goes to show you, that it helps when the Fed elects to "keep interest rates low for an extended period of time" the government's debt service costs are subsidized.sgt.red.blue.redhttps://www.blogger.com/profile/08132657702786638326noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-4398019827789351982013-09-13T09:07:04.107-07:002013-09-13T09:07:04.107-07:00I don't think it is astounding that the defici...I don't think it is astounding that the deficit has come down so much. It is down so much because it was up so much. It was unnaturally high. It is adjusting to normal.<br /><br />Deficit reduction has been helped a lot by QE which has created demand dollar for dollar-see M1 multiplier.<br /><br />The point here that the economy has grown in face of reduced so called fiscal stimulation is Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-21339620676113447472013-09-12T23:46:23.690-07:002013-09-12T23:46:23.690-07:00Great blogging.
I thought a paragraph or two was ...Great blogging.<br /><br />I thought a paragraph or two was warranted that the Fed, during this time, has engaged in open-ended QE, and that has had a positive effect, though it should be more aggressive.<br /><br />We need yet to rein in fededal agency spending, trim Social Security outlays, and do something about Medicare (but what I do not know, although societal acceptance of appropriate Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-38373454446727831322013-09-12T20:12:09.281-07:002013-09-12T20:12:09.281-07:00WEH: Federal revenues have been increasing almost ...WEH: Federal revenues have been increasing almost every month (compared to year-earlier months) since 2009. Yes, there was a big jump in April of this year, about $70 billion or so, that probably came from accelerated income. But the improvement in revenue has been pretty consistent for several years now. There was a big one-time jump in personal income in late 2012, but personal income continuesScott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-50060788626811380922013-09-12T19:43:23.878-07:002013-09-12T19:43:23.878-07:00Here we go again. Another Democrat President presi...Here we go again. Another Democrat President presiding over a shrinking deficit. <br /><br />It's hard to understand how the GOP has any credibility on the deficit issue at this point. With Reagan and Bush the deficits exploded, even as they predicted that the magic of tax cuts would create a budget surplus. Hat's off to Bush 1, he actually had a realistic view of taxation and revenue, bt1138https://www.blogger.com/profile/12553727351980206958noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-66703571800487909022013-09-12T19:22:44.467-07:002013-09-12T19:22:44.467-07:00Regarding the revenue side, how much of the increa...Regarding the revenue side, how much of the increased revenue was merely the acceleration of income from the future into the present? That is, the massive income reported [accelerated] and hence associated tax revenue increases that occurred 11/2012 and 12/2012 as rational tax avoidance given 1/1/2013 tax increases.<br /><br />The massive acceleration would be accounted for in the fiscal year W.E. Heasleyhttps://www.blogger.com/profile/00368333904571061995noreply@blogger.com