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Non-Tech : Kirk's Market Thoughts
COHR 164.29+6.7%Nov 28 12:59 PM EST

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robert b furman
To: robert b furman who wrote (6635)2/13/2019 4:58:41 PM
From: Kirk ©1 Recommendation  Read Replies (1) of 26642
 
The monthly US Treasury statement for Dec. finally came out today. I updated my table on my blog where you should be able to read it in full screen (not compressed like here.)

Wednesday, February 13, 2019: Despite Higher Tax Revenue, The US Deficit Continued to Expand in December 2018

Despite what MSM wants you to believe, tax collections continue to rise despite lower rates. The real problem is massive spending. I believe Trump hopes the massive investment by US companies in the US that has already created jobs will eventually lead to soaring wages after he closes the borders and that should help pay down the deficit, but I'll believe it when I see it. For now, the data is key.
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