Deficit falls again Oct
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  Deficit falls again Oct
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Author Topic: Deficit falls again Oct  (Read 618 times)
DINGO Joe
dingojoe
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« on: November 13, 2013, 03:45:44 PM »

Down almost 30B yoy.  Revenue growth strong.  Shutdown impact minimal.  Overall beat economists estimates by about 10B.

http://www.bloomberg.com/news/2013-11-13/budget-deficit-in-u-s-narrows-on-record-revenue-for-october.html

“The government shutdown effect was small,” Mike Englund, chief economist at Action Economics LLC in Boulder, Colorado, said before the budget numbers were released. Because federal workers were paid in full for the days they didn’t work, there wasn’t “a major outlay impact,” he said.
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barfbag
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« Reply #1 on: November 13, 2013, 09:37:18 PM »

Having a shut down keeps us from spending as much as we do. This is likely deceiving.
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Flake
JacobTiver
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« Reply #2 on: November 13, 2013, 11:59:58 PM »

Having a shut down keeps us from spending as much as we do. This is likely deceiving.

“The government shutdown effect was small,” Mike Englund, chief economist at Action Economics LLC in Boulder, Colorado, said before the budget numbers were released. Because federal workers were paid in full for the days they didn’t work, there wasn’t “a major outlay impact,” he said.

The comment was literally above you and you chose not to read it.
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barfbag
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« Reply #3 on: November 14, 2013, 02:55:43 AM »

Having a shut down keeps us from spending as much as we do. This is likely deceiving.

“The government shutdown effect was small,” Mike Englund, chief economist at Action Economics LLC in Boulder, Colorado, said before the budget numbers were released. Because federal workers were paid in full for the days they didn’t work, there wasn’t “a major outlay impact,” he said.

The comment was literally above you and you chose not to read it.

It sounds like you're talking about the economy though. I was referring to the deficit.
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Flake
JacobTiver
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« Reply #4 on: November 17, 2013, 09:35:00 PM »

Having a shut down keeps us from spending as much as we do. This is likely deceiving.

“The government shutdown effect was small,” Mike Englund, chief economist at Action Economics LLC in Boulder, Colorado, said before the budget numbers were released. Because federal workers were paid in full for the days they didn’t work, there wasn’t “a major outlay impact,” he said.

The comment was literally above you and you chose not to read it.

It sounds like you're talking about the economy though. I was referring to the deficit.

This. Entire. Topic. Is. About. The. Deficit.
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