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© 2013 The Sandwich Democratic Town Committee
This morning, The Boston Globe stuck a short piece in section B that should receive enormous attention, especially from Democrats and the President, but probably will go little noticed by the public: “Economy’s rise helps deficit fall”. The story states that the Treasury Department has found that through the first four months of this budget year the national deficit is down 36.6% — yes, down.
Treasury stated that the national deficit stands at $184 billion dollars for the October-January period. That is down – there’s that word again — $106 billion on a year over year comparison for the same period. Moreover, the Congressional Budget Office is estimating that for this budget year the deficit will decline to $514 billion dollars, down from a little over $680 billion from last year. The Globe story notes: “That would be the smallest imbalance in six years” (i.e. since 2008).
Good thing we elected and then re-elected a Republican president and have Republican control of the Senate. Oh, wait….
Falmouth Democratic Town Committee Chair Megan English Braga has announced an important event for this coming Friday, February 7th. The FDTC is hosting a forum on the growing problem of income inequality in this country. The featured speakers will be State Senator Dan Wolf and the Vice President of the 1199 Service Employees International Union local Jerry Fishbein. The two will discuss the impact that growing income inequality is having on Cape Cod as well as around the nation at large. Questions and discussion from the audience will be welcomed.
The forum will take place at the Falmouth Historical Society, 55-65 Palmer Ave., Falmouth, from 6 pm to 8 pm. The FDTC asks that anyone planning to attend RSVP to Megan (attymeb [at] gmail [dot] com or 508-540-3434) so that they can estimate the potential size of the audience.
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