Thursday, February 12, 2015

Economic data dots

Even though consumers allegedly had more money in their pockets thanks to cheap gasoline, retail sales fell in January.

And while retail sales ticked down, the federal deficit ticked up. And hold your horses if you want to blame Obama for a higher deficit. Speaker Boehner, House Republicans and their CRominbus boondoggle cleared the path for how the federal government is currently spending.

Update: U.S. Government collected record revenue in January, but still managed to run up higher deficits.

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