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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (232642)5/13/2005 3:47:18 PM
From: neolib  Read Replies (1) | Respond to of 1576826
 
you would have noted that I said, one month doesn't make a trend.

I did read that. The problem is, you followed it with this:

We'll have to see whether April becomes a trend or not in the succeeding months.

That's why I jumped on you. Government expenditures are budgeted and doled out on a known basis. But tax revenue comes in spurts. And the spurts are linked to known tax payment dates, April containing the most well known one. There are others, such as the quarterly due dates I posted. So, regrettably, April 2005 does not mark the transition from the recent VERY large annual deficits to net positive territory.