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View Full Version : We're Number 1!! -- U.S. Deficit to Rise to Largest Among Major Economies, IMF Says




sailingaway
04-12-2011, 10:12 AM
http://www.bloomberg.com/news/2011-04-12/u-s-deficit-will-expand-to-largest-among-major-world-economies-imf-says.html

HOLLYWOOD
04-12-2011, 10:20 AM
Not surprising considering the BLS/US .GOV artificially inflates the production numbers for THEIR favor.

Then there's this garbage... you know they'll have a dozen excuses/statistic manipulations, for the zombies to swallow when they can't meet it.
It estimates that President Barack Obama (http://topics.bloomberg.com/barack-obama/) will need to cut the deficit by 5 percentage points of GDP in the next two fiscal years, the largest adjustment in “at least half a century,” to meet his pledge of halving it by the end of his four-year term.