by Hondo @ This Ain't Hell blog:
Well, new US financial figures are out. And they show that Uncle Sam is in a world of hurt, financially speaking. https://www.washingtontimes.com/news/2012/dec/7/government-borrows-46-cents-every-dollar-it-spends/
And then, it gets to the awful stuff that I'll leave it up to you to read @ This ain't Hell, but you can see it from here » Blog Archive » More “Wonderful” Economic News
Well, new US financial figures are out. And they show that Uncle Sam is in a world of hurt, financially speaking. https://www.washingtontimes.com/news/2012/dec/7/government-borrows-46-cents-every-dollar-it-spends/
And if you thought things were improving: think again. Its looking worse compared to the same period last year.
Since the beginning of the new fiscal year on 1 October, the Federal government has taken in $346 billion in revenue.* Thats actually up roughly $30 billion from last year, or nearly 10%.* So revenue is rising.
And then, it gets to the awful stuff that I'll leave it up to you to read @ This ain't Hell, but you can see it from here » Blog Archive » More “Wonderful” Economic News