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Including mortgages, over half of these households could be considered in deficit, paying out more in expenses than they pay in, up from 15% in 1990, according to the McKinsey Global Institute.
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This could allow the company to reduce the pension deficit, pay a dividend and make accretive acquisitions.
If we're going to get rid of the deficit, pay off the national debt and rebuild our treasury, we're going to have to take some truly bold moves.
This is what produced the wild optimism of those early forecasts of a historic boom in business investment (which never came) and the deficit paid off within five years (a deadline that was soon extended to 10 years).
To underscore the relationship between America's budget deficit, paid for by loans from countries like China, and lax enforcement of the trade violations of those countries, he asked voters to imagine barging into the local bank president's office and smacking him.
So we can reduce this deficit, pay down our debt, and pay for this jobs plan in the process.
This initiative recognizes the attention deficit paid to family planning as a result of competing priorities, most notably the HIV/AIDS epidemic [ 5, 32].
But he also pledges to offset those costs to avoid adding to deficits, paying for the tax cuts by closing tax breaks and for the military spending by cutting domestic programs.
Financial markets give us the benefit of the doubt only because they believe in our political maturity -- in the willingness of our leaders to do what is necessary to rein in deficits, paying a political cost if necessary.
Peterson has thus far committed about $500 million of his fortune to the campaign on deficits, paying for a mighty Wurlitzer of propaganda, He has funded ersatz national "town meetings," sprinkled think tanks right, center and left with grants, sponsored national conferences and events.
It finds that, as for central governments, fiscal fundamentals matter in the pricing of risk, and sub-national governments with higher public debt and larger deficits pay higher premia.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com