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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 687.72+0.7%Jan 5 4:00 PM EST
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To: Fiscally Conservative who wrote (46066)2/13/2013 1:55:50 PM
From: Kirk ©  Read Replies (2) of 221329
 
"Will" is a pretty strong statement. If you want to move people to your side, I recommend you start with accurate facts or you will turn off most with a brain.
That article is misleading, imo. The US will borrow a lot more than $0.24 on every dollar spent in 2013, imo. The real figure is somewhere above $ 0.40 -.50
The article simply presents current data and showed what it was the prior month:
I also wrote this: " U.S. Borrowed 31 Cents Of Each $1 Spent In Fiscal 2012: Final Deficit Is $1.1 Trillion"

You are saying it will get much worse yet projections of the CBO say the deficit for FY13 will be under $0.9T so with higher receipts from a slowly recovering economy and less spent on wars, it would mean less than 31 cents borrowed of every dollar spent.

Hey, I'm not defending it... just trying to present ACCURATE data. I am not sure " The real figure is somewhere above $ 0.40 -.50 " falls in that category, but I could be wrong.
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