EconWatch.com > The U.S. Current Account Deficit Once Again
[Brad DeLong's Semi-Daily Journal] Afternoon Tea Audio Podcasts: The U.S. Current Account Deficit Once Again: June 6, 2006...
Some related posts from Technorati and Google.
[Wizbangblog.com] Vicente Fox: The ultimate spammer - Wizbang: On the other hand, if those of us (like JayTea) who believe that "cheap wages" masks a deficit between cheap wages (low, with no tax payments) and benefits used (public services that illegals do not support with ANY tax payments), then if the cheap wages go away (that is, illegals are sent packing) and wages rise to at least US federal minimum wage standards, then tax payments rise, and the balance of payments drops.
[Asiafinanceblog.com] Asia Finance Blog: India M&A: In the increasing events of Indian companies acquiring global companies and brands, the acquisition by Tata Tea will be one of the biggest ever acquisitions. Thanks to the rising cash balances of the Indian companies and also favourable government policies, such acquisitions should soon become common news in the Indian corporate sector.
[Blog.mises.org] Mises Economics Blog: April 2006 Archives: The articles actual words, which bear repeating, are “apportioning the cost among businesses, individuals and the government.” This treats the government as some kind of rich fairy godmother, who is helping to take care of her people. And to be sure that this claim is not lost, the print edition of The Times brazenly states this fable in a callout set in large, bold type: “A health care plan paid for by businesses, individuals and the government.” One of the surprises apparently in store for many people in Massachusetts is going to be learning that whatever is paid for by their government is going to be paid for by them.
Reflected tags on Technorati: Blog, Economics, EconWatch.com