Archives: March 2011

U.S. trade deficit 9500 billion $ to 2021?

March 23, 2011 at 2:16 pmCategory:News

The budget plan of U.S. president Barack Obama would produce a deficit of a whopping 9500 billion dollars over the next ten years, CBO estimates.

Non-partisan Congressional Budget Office (CBO) announced that more than 2,000 billion dollars more than estimates of the White House, reports the online edition of the Washington Post.

In calculating the president’s annual budget, the CBO concluded that Obama’s policies will cause you to be part of the national debt held by foreign investors doubled in that period, to 20,800 billion, or 87 percent of gross domestic product (GDP).

A large part of the negative impact on the state budget would come from Obama’s proposal to retain tax breaks for the middle class, which expires in 2012.

While Obama has proposed raising taxes on corporations and the wealthy, his tax policy as a whole will reduce revenues by more than 3,000 billion dollars in the next decade, CBO said.

The lost revenue will require more borrowing, which in turn will increase the interest on the national debt. CBO stated that the interest payments increase by more than four times by 2021. Obama’s politics, with 214 billion dollars this year, to more than $ 900 billion per year by early next decade.

On the other hand, Obama’s policies will reduce deficit spending over the next ten years, including a freeze on spending for domestic agencies in five years. However, the expenditure and tax collection will be above their historical averages by 2021., with public expenditure, which will consist of more than 24 percent of GDP and revenues at the level of 19.3 percent of GDP, CBO predicts.

Director of the Budget of the White House, Jakob Lu, a significant difference in the estimated deficit explained that “large uncertainties in economic projections and differences of opinion regarding the assessment of individual policies. “

iPads Invade the Cockpit

March 8, 2011 at 8:40 pmCategory:News

Apple’s iPad is making its way into some cockpits. The device won approval from the Federal Aviation Administration to display navigational charts for some charter pilots, according to a story published today by my Bloomberg colleague Sonja Elmquist. The decision covers iPads used by Executive Jet Management, a unit of Warren Buffett’s NetJets, and it paves the way for pilots at other airlines to seek authorization to use the device, reports Elmquist.

From aviation to the government, Apple’s tablet is finding a home with workers in many different sectors. Financial services, technology and the healthcare industies are seeing the greatest adoption of the iPad for business use, according to a November 2010 report from mobile enterprise vendor Good Technology.

The report found that 36.8 percent of Good’s iPad activations among 4,000 enterprise customers had come from financial services, 11.4 percent from high tech, and 10.5 percent in healthcare.

The government accounted for 10.5 percent of iPad activations by November 2010. Use in the government continues to grow. Data collectors for the United States Department of Agriculture now carry iPads when conducting surveys in the field.

PlayBook in April finally

March 8, 2011 at 1:44 pmCategory:News

Although it was officially announced before many pills that are already on the market from RIM are not yet an official release date. Boy Genius Reports relies on unnamed sources and said it would be 10 April.

According to information from September, when it was first officially introduced, the playbook should have a 7-inch capacitive screen resolution of 1024 x 600 pixels, dual-processor 1 GHz, 1 GB of RAM, and two built-in camera, 3 and 5 megapixels. Tablet manufacturers BlackBerry phones will weigh about 400 grams.

In the meantime, the market appeared to HP tablet webOS-in, TouchPad, and many have noted similarities, first when it comes to user interface. A journalist from the site Laptopmag received the official comments of representatives of this company.

John Oaks from HP said that there are similarities. According to him, the government market tablets rapid cycle of innovation, but the cycle of imitation. The other side believes that it is normal that when more of them want to provide similar capabilities for a particular type of device, not necessarily have to come up with similar solutions.

How will the final device will look like, at what price and in which markets will be sold, and whether, as it says, run Android applications, you’ll learn a little more than a month.