LIES, LIES, & MORE LIES

The government lies and the captured MSM just regurgitates the lies as facts. First off, April is always a positive month because people pay their taxes. The monthly deficits will resume with a vengeance in May. Secondly, this year’s April surplus is 5% lower than last year’s surplus. Was this also due to the weather? If people are making more money, shouldn’t tax revenue be higher?

Now to the big lie. The drones at the US Treasury confidently report that the year to date deficit is ONLY $306 BILLION. Of course, only a few short years ago that would be considered a disastrous full year result. But that isn’t the best part. The very same Treasury department has a website where you can track the National Debt by day.

http://www.treasurydirect.gov/NP/debt/search?startMonth=04&startDay=30&startYear=2013&endMonth=04&endDay=30&endYear=2014

Here’s the straight poop. The government stopped counting the National Debt during the debt ceiling stand-off last year. They didn’t show the debt rising at all from mid-May until mid-October. Then it jumped $328 BILLION in one day. Of course, anyone with a smattering of math skills can figure out that the National Debt rose by $2.25 billion per day and could figure out that it was approximately $17.038 trillion at the start of the fiscal year. At the end of April the National Debt was $17.508 trillion. Using my handy dandy subtractions skills reveals the National Debt has risen by $470 billion after seven months. That is only 54% higher than the deficit being reported to the sheeple.

You see the government drones like to make accounting entries to the deficit for Fannie and Freddie making fake repayments using fake profits generated by fake accounting rules. They also ignore various aspects of Social Security, pretending the money really exists. The interest is paid on the debt, not the fake deficit number, so the debt is all that matters. The National Debt is on course to go UP by $800 billion this year. Those is the facts jack. There is no positive story here. There is no fiscal responsibility here. There is no government austerity and cutbacks here. You are being sold a storyline.

U.S. sees $107 billion April budget surplus

Surplus shrinks from same month a year ago; deficit falls 37% year to date

WASHINGTON (MarketWatch) — The U.S. government recorded a budget surplus of $107 billion in April, the Treasury Department reported Monday, a smaller windfall than in the same month last year.

The surplus for April is $6 billion, or 5%, lower than in April 2013. April is usually a surplus month, as Treasury sees a spate of tax payments from individuals and corporations.

Though smaller than last year’s, the April surplus contributes to a steady decline in the deficit for fiscal 2014. For the first seven months of the fiscal year that began Oct. 1, the deficit is $306 billion. That is $181 billion, or 37%, lower than it was for the same period in fiscal 2013.