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For a long time, the U.S. has had exrensive tade with China. We have been taking more from China and now owe them a lot of money.
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Barak Obama was elected president of the United States. He was the first African American president.
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Our tade has gone up, but not by what the U.S. gives out. Overall we are in debt because so many other countries give us their goods. We still owe them for what has been given to us.
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76th Secretary of Treasury. First served as White House Chief of Staff.
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HSA savings helps you to save money on health needs.
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Money should be spent more on healthy foods. It increases production of junk that shouldn't be here anyway.
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That an economy’s overall long-run saving rate is zero does not mean that no one saves or dis-saves. Rather, it means that the positive savings of those accumulating assets exactly balance the negative savings of those decumulating assets.
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Federal Government has used borrowing to finance much of the spending growth over the past two decades. Spending will remain well above the historical average of 20.2% in the near term.