The Obama administration announced that the budget numbers that were supposed to be released in July will be out in mid-August, when Congress, and many of the remaining Americans who can afford it, will be on vacation. It seems safe to assume that if the income, spending, and deficit numbers were good, or even mediocre, the administration would be eager to get them about as quickly as possible.
If the President hasn’t been able to pass health care and cap-and-tax, er, cap-and-trade by the August recess, I expect the release of the July numbers to be pushed back until December 25.
I wonder how much the administration can bottle up bad economic news. If Obama can just stifle the release of bad budget numbers that hurt his agenda, will we ever see any unemployment numbers released again?






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