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Government Spending: If Trump Can Stimulate the US Growth Rate, Tax Increases Could Help Reduce the Deficit, Subject to the Impact of Tax Reductions.

Armchair Politician, March 3, 2017, Brad Peery, ArmchairPolitician.US

Spending Overview from the US Budget for fiscal 2017

Spending on Social Security, unemployment, and labor is estimated to be about 36% of all outlays in 2017. This is greater than average when compared to budgets from other years. (Average proportion = 35%) Medicare and general health […]

What Are the Deficit Issues? The Trump Policies Are Unlikely to Reduce the a Currently Very High Deficit Level.

Armchair Politician, March 3, 2017, Brad Peery, ArmchairPolitician.US

To address the budget deficit, the first element is understanding the budget deficit as a percentage of GDP. A corporate analogy is a company looking at its debt as a percentage of revenues. However, the drawback is that the Government does not make a profit. In 2010, […]

Planned Defense Spending Increases Were Incorrectly Reported by the Media. What Are the Realities?

3-2-16-By Brad Peery, ArmchairPolitician.US. Addition to Feb 17, 2017 post.

Military Readiness Has Declined: What Does It Take to Restore US Capabilities? On Fox Business General Jack Keane, who declined Trump’s offer to be Defense Secretary, made some comments on the readiness of our military. Our low recent defense spending has depleted our military readiness. […]

Trade Deficit Issue: The Largest Trade Deficits are with Mexico, Germany, Japan and China. Autos are an Important Component.

Feb 26, 2017

ArmchairPolitician.US Blog Post by Brad Peery

The four largest US trade deficits, in 2016, were with China, ($347 billion), Japan ($69 billion), Germany ($65 billion), and Mexico ($63 billion).

The US imported $78 billion of cars and auto parts from Mexico in 2015. The US trade deficit with Mexico was $58 billion […]