Some Economic Data and Fun Charts

I like charts. Jared Bernstein has a nice post today with lots of charts, and those charts show the economy picking up, and as the economy picks up the deficit (the year to year overspending) is steadily decreasing. Here’s the post: The Facts of the Case

Here are a couple of charts.

If these charts are correct, in a few years the deficit may go to zero, and like the Clinton years we may actually run a surplus. Wanna bet that it we do run a surplus our conservative friends will once again call for tax cuts rather than paying down the debt?

Author: Mike

I am a patent attorney in Lexington, Kentucky. My law firm web site is http://www.coblenzlaw.com. I ran for State Representative in 2010 and lost in the primary. Many of these posts are based on writing that I did for that election. Rather than delete it all, I decided to dump it onto the internet. View all posts by Mike