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 998 times)
Bacon King
Atlas Politician
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Posts: 18,833
United States


Political Matrix
E: -7.63, S: -9.49

« on: May 11, 2012, 06:20:45 PM »

Politico:

-April's job support was actually a bit stronger than most people make it out to be. Sure, could be better, but take a look at the non seasonally adjusted numbers.
-The stock market market's been erratic lately (over fears from Europe and China, mostly) but the S&P 500 still has a YTD increase of 7.62%, and DJIA has a YTD increase of 4.94%.
-Stock market isn't the only leading indicator. The Conference Board's Leading Economic Index shows consistent "broad based gains in all components" for the US.
-The fact that this is the first April in four years with a surplus is indisputably a good sign. Sure, alone it doesn't mean that everything is suddenly rosy. But you can't say it doesn't matter.
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