SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: ALTERN8 who wrote (15998)1/31/2003 1:22:02 PM
From: Softechie  Read Replies (1) | Respond to of 19219
 
The U.S. is digging deeper in deficit

How weak is the U.S. economy? Consider:

*The multi-trillion dollar federal budget surpluses protected for the decade following the Clinton Administration has vanished and the prospect of red-ink federal budgets far into the future is very real.

*The federal budget surplus of 2.3 percent of Gross Domestic Product (about $230 billion) in the last year of Clinton's administration has, in two years of Bush, turned into a federal deficit of 2.3 percent of GDP (about $230 billion). This is the largest two-year negative shift in the federal budget since World War II.