The link to this article will take you to a PDF file. Link A month ago the projections for the deficit and spending came out of an independent research group that watches trends in the economy and then looks out for several months to see what the economy will do. The results were shocking because the main impetus for the economy has been consumer spending which came in flat last month and real estate and refinancing which is cooling off after a 3 year upswing. As a money manager i...

The Current Accounts shortfall of $144 billion (that for January through March) is a reminder of how the government (pick a devil there) has expanded business by pumping cash into an economy on the verge of overload in terms of being propped up on borrowed time. This occurs when Presidents run for re-election almost every 4 years and a tip in the stock market to the negative would most certainly bring defeat in the fall. But someday the deficit (currently approaching $8 Trillion) is going t...