U.S. Posted Budget Surplus of $59.1 Billion in April... first surplus since 2008 (user search)
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  U.S. Posted Budget Surplus of $59.1 Billion in April... first surplus since 2008 (search mode)
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Author Topic: U.S. Posted Budget Surplus of $59.1 Billion in April... first surplus since 2008  (Read 982 times)
Joe Republic
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« on: May 11, 2012, 02:56:17 PM »

This was already mentioned in the Economics board, but for obvious reasons this has ramifications that belong in this board too.

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Joe Republic
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Posts: 40,138
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« Reply #1 on: May 11, 2012, 03:59:58 PM »

No, it really happened Simfan. I'm just not sure if it will be sustained or if this is a one time thing.

As the full article points out, and wormyguy alluded to in an attempt to appear clever, April is more often than not a surplus month for reasons that should be obvious.  A slip back into deficit is not just likely but expected.

A surplus was recorded in 44 of the last 58 Aprils.  Whereas 2009, 2010 and 2011 were among those 14 'bad' Aprils, 2012 was not one of them.  Therefore, an economic recovery is indisputably underway.
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