Mike Lester by Mike Lester

Mike Lester

Recommended

Comments (20) (Please sign in to comment)

  1. ARodney

    ARodney said, 9 months ago

    Deficits lower than ever, and the U.S. had a surplus last quarter. Mike Lester needs to start reading THIS year’s economic news, he’s still working off of news from the George W. Bush years.

  2. mikefive

    mikefive said, 9 months ago

    @ARodney

    In the last quarter, the deficit may have gone down (better accounting procedures? more responsible fiscal policy?, etc.), and the debt went from $16,792,120,009,606.80 to $16,738,320,054,489.27, a reduction of $54 billion. Not truly significant, but at least it’s an improvement. I would credit the sequester for both of the reductions rather than any active policy instituted by Congress or the President since the sequester went into effect.

  3. Jeff H

    Jeff H said, 9 months ago

    @ARodney

    It must be nice living in bliss. The rest of us have to put up with RECORD deficits, RECORD national debt, UNPRECEDENTED invasion of our privacy, TARGETTING by our own government (NSA, IRS, EPA).

    But what the hey? You’ve got it great over there in weedsville.

  4. rixtex

    rixtex GoComics PRO Member said, 9 months ago

    @ARodney

    What country do you live in?

  5. Tigger

    Tigger GoComics PRO Member said, 9 months ago

    @ARodney

    Um you need to watch NBC News,

    There was not a surplus, it was ‘Projected’

    Oh, it was thanks to The House as they control the money, not The President. lest this is what you said when Obama was blamed for the poor economy.

    Show us a valid link to back up your claim

  6. Tigger

    Tigger GoComics PRO Member said, 9 months ago

    @Genome Project

    Post a valid link there was a surplus last month, and if true, it is due to The House, not The President as The House Spends the Money, not The President.

  7. Quipss

    Quipss said, 9 months ago

    @Debt Free

    Feel free to buy gold, considering there is about a bracket of 14% more growth before offshore deposits become economical.
    ^
    As scary as “billions” sounds, when you have 300 million people 1 billion is all of $3.33 borrowed
    ^
    Finally I love doomsday inflation prophecies, it manages to tie a fancy word and absolute economic illiteracy into a drug more addictive to gold bugs than any other on earth

  8. denis1112

    denis1112 said, 9 months ago

    @ARodney

    The US debt clock. Go look at it.The governments own unemployment and jobs numbers.Go look at those.If your able, do the very simple math.Jobs created per month vs newly unemployed per week, both over a years time.Equals flat broke.Like Greece or Cyprus.

  9. Quipss

    Quipss said, 9 months ago

    @mikefive

    Keep in mind however even a slight paying down is larger due to inflation.

  10. Quipss

    Quipss said, 9 months ago

    @PAJ

    http://finance.yahoo.com/news/us-govt-reports-116-5-billion-surplus-june-182622280.html

    http://www.caricomnews.net/index.php/world/world-news/u-s/2976-us-govt-reports-us-116-5-billion-surplus-in-june

  11. d_legendary1 Demands Dr.C and Martens Release

    d_legendary1 Demands Dr.C and Martens Release said, 9 months ago

    @Quipss

    Thanks for saving me the trouble of finding those facts. You’re da man!

  12. d_legendary1 Demands Dr.C and Martens Release

    d_legendary1 Demands Dr.C and Martens Release said, 9 months ago

    All you Republicans who keep referring to the debt clock going up, keep in mind that you control the House. Keep pointing at your failure to stop the debt from growing.

  13. mikefive

    mikefive said, 9 months ago

    @SkepticCal

    @denis1112

    First, usdebtclock.com is a commerial site and is rated as very poor on reliability, trustworthiness, and security.

    Second, A Rodney said he was talking about the last quarter. I posted numbers concerning the last quarter.

    Third, my numbers come from the U. S. Treasury Department. and are not estimated. As of July 22, the last numbers available from Treasury, the U. S. debt was $16,738,126,867,888.58.

    This is not to say that the debt didn’t increase or decrease as of yesterday and Treasury has not yet posted yesterday’s numbers,

  14. mikefive

    mikefive said, 9 months ago

    @Quipss

    I’m really sorry that I missed buying gold at $1780 last year. Just think, if I had sold yesterday, I could have gotten around $1335. I guess that’s better than the $1225 I would have gotten toward the first of this month. Of course, if I had bought in the first of the month, I’d be ahead $110.

  15. Brutatowski

    Brutatowski said, 9 months ago

    People, don’t fall for this surplus hooey again. Every year democrats trot out the Bill Clinton surplus myth. We have two types of debt. He borrowed off one to get a surplus in the other. I’d love for there to be a real surplus, but it ain’t gonna happen as long as we have career politicians who derive power from spending our hard earned money.

  16. Load the rest of the comments (5).