Debt

Cycles govern much of our world.  The Beatles taught us that when the sun moves lower in the sky for a portion of the year we shouldn’t fret about the cold lasting forever.  Economies also ebb and flow as the business cycle moves from periods of expansion into usually relatively short intervals of contraction.  Even breathing is cyclical. 

Zombies are occasionally the subjects of fictional works.  These undead, horror-related characters are found in books, music videos, movies, and video games.  Often pathogens infect them, turning a once lively person into no more than an animated corporeal without other human essences.  Once an individual transitions, they may become a vector of the disease for which there is no

The American Government’s fiscal year has begun, and the start is already deeper into the red than year ago.  During the first 31 days of fiscal 2020, our nation’s deficit reached $134.5 billion, rising 33.8 percent!  This quick dig deeper into the debt hole follows the nearly $1 trillion shortfall in 2019.

America’s fiscal year 2018 is underway, and the Department of Treasury celebrated the New Year with a larger deficit than in October 2016 (the beginning of last fiscal year).  Our nation’s budget shortfall was $63.2 billion, an increase of 37.9 percent compared to a year ago.  Although receipts grew versus the same period a year ago, spending accelerated more.

Happy Fiscal New Year! As you are reading this, America has nearly completed its first month of the fiscal year 2018. The nation’s 2017 deficit tally is in; it doesn’t look good. Our country’s shortfall increased 13.7 percent for the year, reaching $666 billion.