Let me know when you figure out the definition of a PROJECTED deficit?Clearly you didn't read your own articles, but thanks for admitting you don't know what the term "surplus" means.
It's amusing how you are claiming a rainy day fund, much of which was funded by prior year taxes counts as an annual budgetary surplus for the current fiscal year.
According to your logic, Texas, which faces a budgetary deficit of $10 billion has a surplus because a rainy day fund has $8.2 billion in it. Therefore, all states who are facing budgetary deficits actually have surpluses if their rainy day funds have a penny or more according to you.
Clearly, you have no understanding of basic finance or accounting.
Except that the projection of $10 billion deficit is for just next year. Or you are again not reading your own articles?
Btw, your own state comptroller, who's a Republican said this: "We believe that unemployment bottomed out in September."
Texas comptroller: Budget shortfall outlook overblown | News for Dallas, Texas | Dallas Morning News | Latest News
By the way, which is a larger number, $10 billion or $8.2 billion? If Texas took its entire rainy day fund to plug the hole, it would still be $1.8 billion in the hole.
I find it amusing how you think you are smarter but you can't even get basic math correct.
You act like one. And you do want the economy to tank to take down Obama. You are outright refusing to address how U6 went down because it blows your arguments out of the water. Hell, you are going out of your way to pretend U6 doesn't exist anymore despite you attacking Obama on it before!
Perhaps when you finally start earning money for yourself you'd figure it out.