April Surplus: Shades of Clinton?

[Sallow]

People laugh at what they don't understand.

Don't understand what?

We were on the brink. That's what you don't understand. Trying to explain it to you is exercise in futility.

Hence the laughter..

Yes, we were on the brink. Brink of what I don't know.
But by Jan 2009 it was all over and things were recovering. ANd then Obama came to town. And the rest is history.

You miss Lehman going under..did ya?

 

[skookerasbil]

yuk..........yuk..............


37% Give Obama Positive Marks on Economic Issues - Rasmussen Reports™

 

[CrusaderFrank]

All 57 states are in play. Obama might have to hold the Dem Convention in France to feel at home

 

[WillowTree]

Read it and weep.

WASHINGTON (AP) – The U.S. government took in more money than it spent in April, the first monthly surplus in nearly four years.

Sponsored LinksBut that black ink won't last. The federal government is on track to exceed a $1 trillion deficit for the fourth straight year, keeping the contentious issue front and center during the 2012 presidential election.

The Treasury Department said Thursday that the U.S. deficit totaled $719 billion through the first seven months of the budget year, which began on Oct. 1. That's $150 billion lower than a year ago, but still large by historical standards.

STORY: House OKs cuts to social programs to aid Pentagon
For April, the government recorded a surplus of $59.1 billion. That's not unusual for this time of year, given that annual tax returns are due. But this marks the first April surplus since the 2008 financial crisis, a sign that the economy is healthier and producing more tax revenue.
U.S. deficit looms large despite April surplus

When you get the national debt from 16 trillion to Zero.. then you can talk about surplus,, until then all you have is bullshit.

 

[Soggy in NOLA]

Budget surplus? When was a budget passed? Geeze... even Shrub the idiot was able to propose a budget and get it passed.

 

[Mr. Shaman]

Read it and weep.

WASHINGTON (AP) – The U.S. government took in more money than it spent in April, the first monthly surplus in nearly four years.

Sponsored LinksBut that black ink won't last. The federal government is on track to exceed a $1 trillion deficit for the fourth straight year, keeping the contentious issue front and center during the 2012 presidential election.

The Treasury Department said Thursday that the U.S. deficit totaled $719 billion through the first seven months of the budget year, which began on Oct. 1. That's $150 billion lower than a year ago, but still large by historical standards.

STORY: House OKs cuts to social programs to aid Pentagon
For April, the government recorded a surplus of $59.1 billion. That's not unusual for this time of year, given that annual tax returns are due. But this marks the first April surplus since the 2008 financial crisis, a sign that the economy is healthier and producing more tax revenue.
U.S. deficit looms large despite April surplus

First, this was covered already

Second, April is tax receipts

Third, The Government borrowed another $100B in April

Fourth, I thought Government spending stimulated the economy......

"Welcome BACK, DETROIT!!!"

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[The Infidel]

Moving payments around through different months and time periods to attempt to make it look like a surplus, is ridiculous for even the slowest fiscal understanding people.

No budget? No budget surplus.

 

[Mr. Shaman]

Moving payments around through different months and time periods to attempt to make it look like a surplus, is ridiculous for even the slowest fiscal understanding people.

No budget? No budget surplus.

September 27, 2000

Another RECORD Budget $urplu$​

"Instead, the president explained, the $5.7 trillion national debt has been reduced by $360 billion in the last three years -- $223 billion this year alone.

This represents, Clinton said, "the largest one-year debt reduction in the history of the United States."

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[Dr.House]

Budget surplus? When was a budget passed? Geeze... even Shrub the idiot was able to propose a budget and get it passed.

Maybe Barry's budget position is "evolving"....