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Governments are instituted among Men,
deriving their just powers from the consent of the governed,
That whenever any Form of Government becomes destructive of these ends,
it is the Right of the People to alter or to abolish it,
and to institute new Government

Thursday, May 11, 2017

U.S. government posts $182 billion surplus in April

From Reuters:
WASHINGTON (Reuters) - The U.S. government had a $182 billion budget surplus in April, confounding market expectations for a deficit, according to Treasury Department data released on Wednesday. The budget surplus was $106 billion in April 2016, according to Treasury's monthly budget statement. The fiscal 2017 year-to-date deficit was $344 billion compared with $353 billion in the same period of fiscal 2016.
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posted by Pastorius at permanent link#


Anonymous Anonymous said...

NBD. It's called April the 15th.

Thursday, May 11, 2017 3:49:00 pm  
Blogger Pastorius said...

Yes, but the surplus is $76 billion bigger than last year. That's about 40% growth. And they were expecting a deficit.

That's all in the post. Did you read it?

Thursday, May 11, 2017 4:05:00 pm  
Anonymous Anonymous said...

Cool. I didn't read that. Shame on me.

Thursday, May 11, 2017 5:44:00 pm  
Blogger Pastorius said...

No big deal.

I didn't know if you were an IBA/Trump hater or what?

Honestly, I still wouldn't make too much of these numbers. They are essentially Obama numbers still. Trump has even begun an economic plan. I do believe things are getting just a little better since Trump came in, simply because businessmen believe in Trump, but if he fails to deliver on his economic promises (new budget, a real repeal of Obamacare, and the wall) the real economy is not going to change.

Thursday, May 11, 2017 10:45:00 pm  

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