The November CPI—Noise In The Numbers

So the talking heads of bubblevision think inflation is abating, but what about this: Federal revenues in November posted at $252 billion—10.3% below last November—while spending came in at $501 billion. And the latter included an ominous +53% rise in Federal debt service costs compared to a year ago. That’s right. After two-and-one-half years of […]
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