Kudlow says deficit falling while it soars ever upwards

someoneyouknow

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It's hard to say who tells the most lies in a day, the con artist or his propaganda minister. After all, the con artist came out yesterday and said an attack on the free press is an attack on this country while at the same time he goes out of his way to demonize said free press.

Along comes Larry Kudlow, former Wall Street hack and babbling talk show host who was perpetually on the wrong side of almost everything, who seems to be playing catch up when he said on the Fox tabloid the deficit is falling thanks to the massive cut in taxes and increased government spending.

*record scratch* You're probably wondering how reducing revenue equates to increased revenue. It doesn't.

With as straight a face as ever, Kudlow stated:

"As the economy gears up, more people working, better jobs and careers, those revenues revenues come rolling in, and the deficit, which is one of the other criticisms, is coming down, and it's coming down rapidly,"​

Needless to say, the Fox tabloid hostess Maria Bartiromo never batted her large eyelashes at this bold faced lie. It is the Fox tabloid after all. The reality of the situation is completely opposite from what Kudlow lied.

As seen in the following graphic, the current budget deficit is up 23% from last year, and the budget period isn't over yet:

https://ei.marketwatch.com/Multimedia/2018/06/29/Photos/MG/MW-GL804_budget_20180629110442_MG.jpg?uuid=c04cf5e4-7bad-11e8-ba9e-ac162d7bc1f7

In May alone, the budget deficit was 66% higher in May of this year compared to May of 2017.

So the question remains, who's the bigger liar?

https://www.marketwatch.com/story/this-is-how-larry-kudlow-defines-a-falling-deficit-2018-06-29

https://www.cbsnews.com/news/trumps-top-economic-adviser-claims-the-deficit-is-going-down-the-cbo-and-treasury-disagree/
 
Trump has a cult following that believes everything he, FOX News, and Rush Limbaugh tell them.

When Trump's white blue collar constituency decline economically those three sources of dis information will tell them Hillary did it, and they will believe them.
 
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