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Excerpt from a "Status" Letter from Greenspan...

Discussion in 'Fred's House of Pancakes' started by Mystery Squid, Jan 20, 2006.

  1. Mystery Squid

    Mystery Squid Junior Member

    Joined:
    May 18, 2005
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    Thought SOME on here might enjoy this...

    "The deficit in the federal unified budget narrowed over the past year. Over the twelve months ending in
    June, the unified budget recorded a deficit of $336 billion,
    $99 billion less than during the comparable period last year. Both revenues and outlays rose faster than did
    nominal GDP over this period, but the rise in receipts was especially strong. Even at its lower level, the
    deficit was still equal to about 2-3/4 percent of nominal GDP."


    :ph34r:
     
  2. Spunky

    Spunky New Member

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    Aug 12, 2005
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    I was supposed to enjoy that?!?

    Sheesh. Don't expect me to willingly attend any of your orgies.
     
  3. Mystery Squid

    Mystery Squid Junior Member

    Joined:
    May 18, 2005
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    Oh Spunky.... (shakes head)

    None of my orgies would be complete without you!