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To: Favor Center

Yes, those are BUDGET surpluses and deficits. That’s how they ae defined. You keep confusing national debt, intergovernmental debt, and budget debt.

At least I understand the meaning of the far right hand column in the US Tresury monthly statement linked below. You on the other hand haven’t a clue as to what the column means as you have proven over and over.

SUMMARY OF RECEIPTS, OUTLAYS AND THE DEFICIT/SURPLUS BY MONTH OF THE U.S. GOVERNMENT
http://www.fms.treas.gov/mts/mts1009.txt


176 posted on 12/08/2009 11:19:49 AM PST by avacado
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To: avacado

“Yes, those are BUDGET surpluses and deficits. That’s how they ae defined. You keep confusing national debt, intergovernmental debt, and budget debt.”

You keep confusing the concept of actual deficit (as in income - outlays) with something else entirely. Liabilities are not income, they are liabilities. Defending Bush’s spending based on this is asinine. I keep trying to point out to you that what the government says is a surplus isn’t, but you just refuse to understand.

You probably believe Obama’s unemployment numbers too.


178 posted on 12/08/2009 11:23:36 AM PST by Favor Center (Targets Up! Hold hard and favor center!)
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