The White House's 10-year economic projections show that the economy will be in considerably worse shape than the previous set. As a result, the cumulative deficit over this period will be $2 trillion larger. One might think that the prospect of millions more workers being unemployed would be news in the Washington Post. Nope, they just just talked about the budget deficit.
The article also related the budget deficit to U.S. indebtedness to China and other Asian countries. The level of U.S. indebtedness to other countries is determined by the trade deficit, not the budget deficit. The trade deficit is primarily the result of an over-valued dollar. Neither the trade deficit, nor the value of the dollar, was mentioned in the article.
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