The US Annual Deficit is Dropping Rapidly
Contrary to Public Perception, The 2013 USA Deficit is Reducing Dramatically Today we borrow a post from Business Insider – their Chart of the Day shows the US deficit is now down to 4% of GDP. For all those that think the current impasse between the Republicans and the Democrats is a fight over
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The post The US Annual Deficit is Dropping Rapidly appeared first on Cymor Strategic Growth Funds.
Source: http://cymorfund.com/2013/10/us-deficit-is-rapidly-dropping/
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The Dems have been trying to say this all along, but can’t scream over the Idiots, like Palin, Bachmann, Cruz, etc…
It’s natural economics… as the wars are winding down, the deficit spending also decreases…
The same happened the last year or 2 of Clinton’s last term… the wasted dollars were borrowed for that Yugo war… when it ended the deficit decreased and the budget had a surplus
About the only thing the US has been borrowing for are the wars and the welfare for Banksters and Wall Street.. well over 3 trillion dollars alone on the banksters.. the 800 billion was all that was made public.. The Fed kept on welfaring out money to those criminals, and the US has to pay for all that someday..
I think the US took advantage of the high price of gold and sold about 2/3 of their holdings… and paid off a lot of stuff…..
They will now manipulate the price of gold downwards.. and resupply the gold …
Nice magic trick…..