Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (23313)	2/10/2005 4:52:06 PM
From: CalculatedRisk	Read Replies (2) of 116555

That story on the deficit is garbage. The deficit so far for fiscal 2005 (starts Oct 1, 2004) is $237.8 Billion, not $109.2 Billion. The deficit to Feb 9, 2004 (same time frame) was $226.1 Billion ... so things are getting worse, not better. When they report those numbers, they like to exclude all off-budget items. Last time I looked, we pay for those too.

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