AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.
Byline: Bob Rayner
Oct. 23--ECONOMIC BRIGHT SPOT: BUDGET DEFICIT SHRINKS: Americans are feeling surly.
This autumn of our discontent has been fueled by high gasoline prices, rising short-term interest rates and the prospect of some big, fat heating bills when it turns chilly.
Of course the economy continues to grow and create jobs at a respectable clip, but that's easy to forget when it costs five sawbucks to fill 'er up.
So, at the risk of disturbing your bad mood, let me slip in a ray of sunshine that didn't grab many headlines.
The federal budget deficit is shrinking fast.
In the fiscal year that ended Sept. 30, the …