According to this study, the current Congress and administration are slightly on the spendy side. Under their, ah, 'leadership,' we find that:
...the federal debt held by the public increased by $2.5260 trillion, which is more than the cumulative total of the national debt held by the public that was amassed by all U.S. presidents from George Washington through Ronald Reagan.That's no problem, right? After all, look at all the good it's done. Why, unemployment is down... maybe.
New unemployment claims supposedly dropped to 451,000 last week, hooray! But eight states (including California and Virginia) didn’t actually report jobless numbers last week because of the Labor Day holiday (ha), so the U.S. government just made up the numbers from those states, and those numbers are lower, hooray!Well, of course they are. If the numbers were higher, that would be "unexpected."
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