1/03/2021

Federal Deficits

 





As the graphs show, we have put ourselves in a very bad position. We had to run big deficits to fight the pandemic and the great recession of 200-2009, but much of the growth in debt is simply that we spent more then we earned (taxed). We have been on a sugar high.


Click to read the article:

https://www.brookings.edu/policy2020/votervital/how-worried-should-you-be-about-the-federal-deficit-and-debt/



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