Quote:
Originally Posted by gixaholic
Federal Deficit Down 56% Year-to-Date
You won't see the headline in your newspaper. Nor will you see the story on network news, even though it is the likely the biggest economic news of the week.
Through the first seven months of the fiscal year the federal budget deficit is 56%, or about $100 billion, below the deficit of just one year ago, which itself was the lowest in five years.
Federal receipts were up 11%, while spending rose 3%.
It must be a coincidence that revenues increased after the "Bush tax cuts."
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All during the Bush Regime. It wasn't a tax cut just a tax shift. China is financing the "War on Terror". Gix, please get your head out of the propaganda papers you read like the Wall Street Journal, The Jew oops New York times and expand your horizons. You are obsessed much with
one topic. That of the "
great economy" we are in, which you don't seem to have a clue on the subject of economics. Supply side economics didn't work during the Reagan administration, nor isn't going to work now.
Propaganda, control public opinion,
Stocks, get in and get out, international jewry. Yeah, Yeahhhhhhhhhhhhhhhhhhhhhhhhhhhhuuuuuuuuuuhhh the dow rose 100 points on the news that the
US has only a $100 billion deficit. The economy must be doing GREAT!