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U.S. Budget Deficit Shrinks Far Faster Than Expected
May 15, 2013 09:32:37   #
OPP Newsletter
 
http://www.nytimes.com/2013/05/15/business/cbo-cuts-2013-deficit-estimate-by-24-percent.html?hpw&_r=1&

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May 15, 2013 10:07:46   #
Augustus Greatorex Loc: NE
 
OPP Newsletter wrote:
http://www.nytimes.com/2013/05/15/business/cbo-cuts-2013-deficit-estimate-by-24-percent.html?hpw&_r=1&


Okay I read the article, what does it mean?

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May 17, 2013 15:21:22   #
stymie
 
Augustus Greatorex wrote:
Okay I read the article, what does it mean?


Bottom line, the revenues are up taxes paid to government are up reducing the deficit. Whats good for the deficit in this case is not necessarally good for the economy. Companies are not spending are hiring. Jobs are the true answer to reducing the deficit in the long run. The business climate will not improve until the business world can determine a clear direction of this President. Thats not going to happen so we will keep slopping through this mess until we get a clear direction from someone in the future, Obamacare has suffocated the economy and will continue to do so. The Federal Reserve will keep printing money and the minute they stop all hell will break loose. Inflation ,deflation, stock market all are being falsely propped up and inevetable consequences delayed by the Federal Reserves actions will be on us.

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