{"id":6143,"date":"2014-07-12T00:09:22","date_gmt":"2014-07-12T00:09:22","guid":{"rendered":"http:\/\/highplainsblogger.wordpress.com\/2014\/07\/12\/meanwhile-the-budget-deficit-keep-shrinking\/"},"modified":"2014-07-12T00:09:22","modified_gmt":"2014-07-12T00:09:22","slug":"meanwhile-the-budget-deficit-keep-shrinking","status":"publish","type":"post","link":"https:\/\/highplainsblogger.com\/?p=6143","title":{"rendered":"Meanwhile … the budget deficit keeps shrinking"},"content":{"rendered":"\n
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Bad news tends to run laps around good news.<\/p>\n

People are drawn to negativity in a curious way. Positive developments? Oh, forget about it. We’ll get to the good stuff later — if we remember to think about it.<\/p>\n

I hereby want to present a bit of cheer amid all the tumult over child refugees, Israel vs. Hamas, Iraqi insurgents, impeachment, congressional lawsuit and anything else of late.<\/p>\n

http:\/\/www.politico.com\/story\/2014\/07\/wh-budget-deficit-will-drop-to-583-billion-108822.html?hp=l9<\/p>\n

The federal ran a surplus<\/em> of $71 billion in June. There’s more. The annual budget deficit is going to hit — at most by some estimates — $583 billion for the current fiscal year that ends Sept. 30; indeed, the non-partisan Congressional Budget Office projects a deficit of $492 billion.<\/p>\n

It’s that surplus business that has me most intrigued.<\/p>\n

Could it be the spurt of new jobs, which reached 288,000 in June, producing more tax revenue for the Treasury? Might it be accompanied by a burst of new business activity, which generates even more revenue?<\/p>\n

Why, you would think we’d hear cheers from both sides of the political aisle.<\/p>\n

Didn’t happen. Nope. We’ve been fixated by that negativity thing. We respond to the bad news and shrug at the good news.<\/p>\n

I’m no Pollyanna. I know we’ve got problems at home. We damn sure have them around the world. Our government is coping as best as it can, or one should hope.<\/p>\n

The budget deficit, which once was the Bogeyman of the Right, is being slain. It’s not gone yet. It’s still too great. It’s less than half of what it was when the current administration took over.<\/p>\n

I think I’ll hoist a cold one in honor of the good news.<\/p>\n\n

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Bad news tends to run laps around good news. People are drawn to negativity in a curious way. Positive developments? Oh, forget about it. We’ll get to the good stuff later — if we remember to think about it. I hereby want to present a bit of cheer amid all the tumult over child refugees, … Continue reading Meanwhile … the budget deficit keeps shrinking<\/span> →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[540,775,885,3195,3197,3381],"class_list":["post-6143","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-barack-obama","tag-budget-deficit","tag-cbo","tag-national-crises","tag-national-debt","tag-office-of-management-and-budget"],"_links":{"self":[{"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/posts\/6143","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6143"}],"version-history":[{"count":0,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/posts\/6143\/revisions"}],"wp:attachment":[{"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}