thestatedtruth.com | October 30, 2013
So maybe this has something to do with the stock markets being so strong. It’s no secret that cheap oil is critical to long term growth in big economies like the United States. Reuters News: The U.S. has surpassed Saudi Arabia as the biggest oil producer in the world. You read that correctly: “The jump in output […]
Category: Commentary, Economy, National News, National Security, Oil and Nat Gas, Wall Street, World News |
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Tags: Biggest Oil Producer, Oil, Oil Boom, Oil Expansion, Output, Surplus
thestatedtruth.com | October 30, 2013
Surprised as we are, somehow we don’t think it was employment gains that powered this giant revenue collection….capital gains taxes would make more sense being that stock markets are at all time highs! Bloomberg: The U.S. posted its smallest budget deficit in five years as employment gains helped propel revenue to a record. Spending exceeded receipts […]
Category: Commentary, Economy, Finance, National News, Research, Tid Bits, Wall Street, World News |
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Tags: Collections, Deficit Shrinks, Employment Gains, Revenue, spending, Surplus, Surprise, taxes