Wow. The Fed government is really taking this austerity thing too far. The October deficit was only up 34% over last October. I wonder if the 16% spike in Federal spending had anything to do with the mid-term elections? Obama wouldn’t do such a thing. Would he? After one month the Federal government has already increased the national debt by $122 billion. That is a rate of $3.9 billion PER DAY. The Feds will spend $3.9 TRILLION of your money and your unborn grandchildren’s money this year. It looks like those years of declining deficits are over. We’ve got wars to wage and illegal immigrants to support. When a politician of either party talks about cutting spending, the way you know he or she is lying is if they are talking. The national debt will rise by $1 trillion this year. It is already about to break through the $18 trillion level. Yippee!!!
This fiscal austerity sure is holding us back.
U.S. October budget deficit widens to $122 billion: Treasury
By Robert Schroeder
Published: Nov 13, 2014 2:00 p.m. ET
WASHINGTON (MarketWatch) — The U.S. government ran a budget deficit of $122 billion in October, the Treasury Department said Thursday. The shortfall is $31 billion, or 34%, more than in the same month a year ago. The government spent $334 billion in October, an increase of 16% from last October. Receipts totaled $213 billion in October, an increase of 7%. October is the first month of the 2015 fiscal year, which runs through September.
Well, shit, it WAS the Dodo’s [Dodos la Casa Blanca] wings that started thismess of shit, but why anyone would think they would stop it now? Look, it is a DODO bird with 535 brain cells, its cant fly, its not superman, it runs about like it’s on f’kin FIARRR!!!, it screeches negatives during election season and bullshit when in office] loudly, and often, and flaps its stubs all over the sparkle box on the den wall while brain dead sheeple drool smackingly in their eroticist state of stupid.
I
Funny shit KB!
Notice how the crooks in Washington don’t have to use GAAP when reporting its financing? The ugly truth might even shock some of the zombies about the true nature of our country and its bleak future.
I think it works something like this:
1/3rd of the budget goes to the MIC and, as a bonus, the security state is already in place to keep everyone in line.
1/3rd of the budget is redistributed to the 50% that make up the parasitic class. They will always vote their pocketbook and that vote gives the ruling elite some bit of legitimacy. “You chose us so now we get to do as we wish.”
1/3rd just vanishes in the running of the government, corruption, graft, corporate welfare & outright theft.
With all this money printing, why am I paying for anything?
Bob.
Bob – tax code == social engineering