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Thread: Surprise! Huge US Budget Surplus Shatters Record

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    Re: Surprise! Huge US Budget Surplus Shatters Record

    Quote Originally Posted by a351 View Post
    You're mistaken. The year over year difference in revenues for April alone was 88 billion dollars.
    You're right I was thinking of the sequester.

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    Re: Surprise! Huge US Budget Surplus Shatters Record

    I don't think this can be attributed to a single party honestly. One good month doesn't mean that we are out of trouble either. There needs to be a continuation of improvement in the job market coupled with a continued decrease of spending if the ball is to keep rolling.
    "Conservatism is the blind and fear-filled worship of dead radicals."
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    Run your own nation, play Cybernations.

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    Re: Surprise! Huge US Budget Surplus Shatters Record

    Quote Originally Posted by apdst View Post
    Wow! Using racist legislariin to prove that Obama is black. Lol!
    unfortunately, you're not making sense again ... wanna give it another shot?

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    Re: Surprise! Huge US Budget Surplus Shatters Record

    Quote Originally Posted by PerfectStorm View Post
    So sequestration worked.
    Just like an airline laying off its maintenance crew will enjoy a nice short-term profit

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    Re: Surprise! Huge US Budget Surplus Shatters Record

    Quote Originally Posted by GottaGo View Post
    Budget surplus, means your not spending as much as you budgeted for *that period*.
    Budget surplus means taking in more than you spent. You can have a budget surplus when spending MORE than you budgeted, if your receipts were more than you spent.

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    Re: Surprise! Huge US Budget Surplus Shatters Record

    Quote Originally Posted by radcen View Post
    Can I steal this? This is classic.
    permission granted with pleasure.

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    Re: Surprise! Huge US Budget Surplus Shatters Record

    Funny how the mainstream media seems to be ignoring this one. Here, I thought they were supposed to all be Obamabots.
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

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    Re: Surprise! Huge US Budget Surplus Shatters Record

    Quote Originally Posted by GottaGo View Post
    Dynamic Budget. It is what it is.
    Which still doesn't account for your misuse of the term surplus and deficit, but I digress.

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    Re: Surprise! Huge US Budget Surplus Shatters Record

    Quote Originally Posted by Dittohead not! View Post
    Funny how the mainstream media seems to be ignoring this one. Here, I thought they were supposed to all be Obamabots.
    Perhaps because looking at one month's data is meaningless. They would have to go through the major reasons why. As the article states, higher taxes ( not very popular) dividend from Fannie and Freddie ( not very popular). No mention of GDP growth as there was little of that in Q1 and less expected in Q2. I would like to see the market gain 14% every six months, which has to help capital gains tax collections, but not sure that is realistic.

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    Re: Surprise! Huge US Budget Surplus Shatters Record

    Quote Originally Posted by washunut View Post
    Perhaps because looking at one month's data is meaningless. They would have to go through the major reasons why. As the article states, higher taxes ( not very popular) dividend from Fannie and Freddie ( not very popular). No mention of GDP growth as there was little of that in Q1 and less expected in Q2. I would like to see the market gain 14% every six months, which has to help capital gains tax collections, but not sure that is realistic.
    OK, that could be, but t he MSM doesn't have a good track record of ignoring meaningless data.
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

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