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Originally Posted by Jim in CT
That timing discrepancy happens every month, unless there was something unique about April 2018. If the timing of debits and credits wasn't unique for April 2018, then it says something that it set a record.
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The timing doesn't happen every month. April is also tax month by the way.
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I'm not saying there will be no deficit at the end of the year, of that things are all set. I'm saying that April 2018 set a record for generating surplus.
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The economy is growing and every economist I've read said we would expect a short-term bump with the tax law dumping cash into corporations pockets. That being said, as an actuarial I'd think you would understand a single data point doesn't exactly a trend make. As your own article suggests we're still down for the year.
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