Another Surplus

The Treasury Department reported the government spent $209 billion last month, a record amount for January and up 7.9% from January 2005. Government tax receipts, however, also set a record for the month of $230 billion, up 13.7% percent from January 2005. This was the biggest January surplus in four years. Did anybody read this in the papers or hear it in the news???

What stands out is the fact that government is spending too much money, more than two times the current GPD growth rate for the economy. Taxes don't need to go higher they need to go lower as does spending. Especially when you see receipts growing more than three times faster than GDP!!

Barkly lives within his means and is very easy to please... Americans in general need to recalibrate expectations for what the federal budge is doing (too much) for them as a country.