The US Federal Budget Deficit is growing. That makes the US economy look good. And that’s bad news. Federal Tax revenues rose in June. The calendar also made government outlays look smaller than they were. Thus the deficit looked smaller than it really was. To the media’s credit, most reported that the deficit grew on…
The post Federal Budget Deficit Growing – Bad News Is It Makes US Economy Look Good was originally published at The Wall Street Examiner. Follow the money!