Posted on 05/12/2010 11:47:34 AM PDT by Zeddicus
You have to love it....
U.S. posts record $82.69 billion deficit in April, 19th straight month of budget shortfalls - Reuters
Nonsense.
Here's the REAL table of numbers from Treasury itself, including the theft from the FICA and Medicare accounts: (click for the larger copy)
If I did accounting like this I'd go to prison.
$82 billion my butt. The real number is $175.6 billion, more than double the reported amount, and the cumulative year-to-date (calendar years) is $637.4 billion, or a run rate (annualized) of $1.912 trillion.
If you're wondering why the "stock market" has been generally supported (even though it's not up much from the first of the year) this is the reason - the government is spending roughly 13% of GDP beyond what it collects in taxes!
Oh, and April is "tax month" too, which means that those who owe have to settle up in April. Of course those who get refunds.....
Don't believe the reported numbers - as horrific as they are - for a second.
They're more than twice as bad as are being reported.
Image link didn’t work; mod please fix if possible. Original table available at source link
Why everything with this TOTUS is historic and a new record.
Unfortunately too many Americans are mesmerized by American Idol, Dancing with the Stars, and Reality TV to even know how serious this all is. And that’s exactly how the Democrats and the MSM want it...
[crickets chirp in DC]
Yikes!
It was the pic of Obama, looking evil and toasting with the wine glass.
(LOL That is a cute little guy now.)
This is like winning the stupid and ugly contest!
This is NOT good news!!!!!!
Oh, you ROCK my friend!
Quadruple what it was LAST April yet still Bush’s fault?
They will slash everything to the bone.
They will slash everything to the bone.
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