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Thread: MORE DEFICIT MISINFORMATION

  1. #1
    Unapologetic Masculinist Origanalist's Avatar
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    Default MORE DEFICIT MISINFORMATION

    Here we go again. The blaring headlines from the MSM, dutifully reporting what is fed to them by the Federal Government drones in Washington declare the deficit is 16% lower than last year and was only $1.089 TRILLION in the fiscal year just ended.

    Here is a link to a handy dandy website.

    http://www.treasurydirect.gov/NP/BPD...application=np

    If you enter the dates for the last fiscal year, you can see how much the NATIONAL DEBT went up. Here is the result:

    National Debt on October 1, 2011 Ė $14.790 Trillion

    National Debt on September 30, 2012 Ė $16.066 Trillion

    For the math challenged, this would appear to be a $1.276 Trillion deficit for the fiscal year. The drones in the U.S. Treasury department will give dozens of reasons why the reported deficit does not match the increase in the national debt. Itís nothing but bullshit. The national debt is what must be funded. Itís the real number.

    So, the actual deficit was JUST $187 billion larger than the number reported by the MSM. Just a rounding error for our fine leaders. The misinformation, obfuscation, and lies will continue until further notice. So it goes.

    U.S. fiscal year 2012 deficit $1.089 trillion


    WASHINGTON (MarketWatch) ó The U.S. government ran a budget surplus of $75 billion in September, the Treasury Department reported Friday, but posted a deficit of $1.089 trillion for all of fiscal 2012, the fourth year in a row with a deficit of more than $1 trillion. Compared to a year ago, the deficit is about 16% less, due to both higher revenues and reduced spending.

    http://www.theburningplatform.com/?p=42194
    Quote Originally Posted by Anti Federalist View Post
    Fuck sakes, if you shoved a lump of coal up AmeriKa's collective ass, it would shit out a diamond.



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    The problem is, I think the actual FY 2011 deficit was larger than the number they used by the same reasoning that you used to show the FY 2012 deficit was. So it's still a smaller deficit this year than last year.
    Iím not a libertarian. Iím not advocating everyone run around with no clothes on and smoke pot.

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    Member Zippyjuan's Avatar
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    October 1st starts the fiscal year. Last date debt was calculated for in September 2012 was $16.066 trillion on the 28th. First day reported for 2011 fiscal year is October 3rd at $14.837 trillion or a difference of $1.229 trillion. (no reporting on weekends). The debt had declined the last three days posted (due to temporary surplus) and that might have contunued over the weekend (September 29th and 30th) and may have been a bit lower two days before October 3rd, 2011 (the 1st and 2nd)? This means data for four days is missing. The final start may have been a higher amount and the end date final amount lower?

    Don't know- just trying to guess.
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    Quote Originally Posted by Zippyjuan View Post
    October 1st starts the fiscal year. Last date debt was calculated for in September 2012 was $16.066 trillion on the 28th. First day reported for 2011 fiscal year is October 3rd at $14.837 trillion or a difference of $1.229 trillion. (no reporting on weekends). The debt had declined the last three days posted (due to temporary surplus) and that might have contunued over the weekend (September 29th and 30th) and may have been a bit lower two days before October 3rd, 2011 (the 1st and 2nd)? This means data for four days is missing. The final start may have been a higher amount and the end date final amount lower?

    Don't know- just trying to guess.
    Ya, I'm not sure how to figure that in either.
    Quote Originally Posted by Anti Federalist View Post
    Fuck sakes, if you shoved a lump of coal up AmeriKa's collective ass, it would shit out a diamond.

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    Quote Originally Posted by erowe1 View Post
    The problem is, I think the actual FY 2011 deficit was larger than the number they used by the same reasoning that you used to show the FY 2012 deficit was. So it's still a smaller deficit this year than last year.
    It all get's so confusing. New math and all that........
    Quote Originally Posted by Anti Federalist View Post
    Fuck sakes, if you shoved a lump of coal up AmeriKa's collective ass, it would shit out a diamond.





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