Friday, July 14, 2017

And we just diverted 100 billion to federal interest charges

Consumer Prices Disappoint For 4th Month In A Row - Weakest Since Jan 2015

In May, as was reported, the federal deficit grew unexpectedly by 100 billion, or more than half a point of GDP.  Those funds were diverted from price discovery so a bunch of higher prices were not tested, except for Obamacare and student loans. Government is crowding out.

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