Even Alan Greenspan, the cautious chairman of the Federal Reserve, had started to fret about what the government would do with all the surplus revenues filling its coffers.
When 72 percent say the budget surplus should first be used to strengthen Social Security and Medicare, it's impossible to make a case for giving all the surplus away in a giant, unnecessary, unwanted, across-the-board tax cut.
Bush's plan, they say, would eat up all of the surplus and then some.
And the all-important surplus with the US climbed for the first time in five months, up 14.9% to 524.8bn yen.
Last year, we wisely reserved all of the surplus until we knew what it would take to save Social Security.
And all these things go together because they all arise from the surplus of cereal grain.
It reaffirmed that it continues to maintain a surplus over all regulatory capital requirements.
Expect a movie or a comic book to explain everything about anything and all you earn is surplus sadness that you don't really need.
The trajectory of change during those eight years went from deficits and debt to a balanced budget and a surplus, all those 22 million new jobs and the...
CNN: Transcript of Thursday's Democratic presidential debate
"While we expect continued housing and economic weakness will affect our overall performance this year, we continue to maintain a surplus over all regulatory capital requirements, " Chief Executive RichardSyronRichard Syron said.
"While we expect continued housing and economic weakness will affect our overall performance this year, we continue to maintain a surplus over all regulatory capital requirements, " Chief Executive Richard Syron said.
Fisher and I agree that the trade gap and the budget deficit are positives for stocks: the bigger the better. (Americans hold far too little debt, and anything that increases it is a plus.) He also celebrates the supply-side tax cuts, though he deems a negative for stocks the currently little noticed all-government budgetary surplus caused by the tax rate reductions.
"The Medicare surplus is gone, the Social Security surplus is almost all gone, " Conrad said.
Now, people ask me all the time how we got four surplus budgets in a row.
Meanwhile, Munaf Patel replaces left-arm seamer RP Singh, who was deemed surplus to requirements along with all-rounder Yusuf Pathan.
If I might point out, on January 1, 2001 there was no deficit at all, there was a 100 BUSD surplus.
All of which should help increase the trade surplus and further reduce the current-account deficit.
We ended up moving from surplus to deficits, and it all culminated in the worst financial crisis since the Great Depression.
In all, perhaps 20m to 30m workers are surplus to requirements.
January 1, 2001 there was no deficit at all, in fact there was a 100 BUSD surplus.
FORBES: President Obama's Legacy: $20 Trillion in Debt for 2016 Victor
We now have a surplus of everything anyone could possibly want, all made by those machines and all we humans have to do is use what we want when we wish to.
Add all these together, and there's not much of the surplus left.
As things turned out, the surplus that gave life to the initial Bush tax cuts had all but disappeared by the end of 2001 as the economy slowed unexpectedly.
FORBES: Does Anyone Still Remember Why We Have The Bush Tax Cuts?
Unlike the hard-money ECB, most other leading central banks are happy to see their currencies depreciate which will make it all the more difficult for the euro area to run a current account surplus.
The White House says all Medicare money will go into the Medicare trust fund to avoid dipping into the surplus.
The Democrats also say the smaller surplus means Washington is spending funds Republicans had vowed to set aside for all Medicare expenses.
After all Italy also has a high savings rate, and it even enjoys a primary surplus, but it was not spared market contagion.
The primary deficit (or surplus) is what the public accounts look like after you take off all of the interest and debt repayments the government has to make.
If all of the above was implemented and we focused on producing a 500 Billion dollar annual surplus to be applied to debt reduction we might have a chance.
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