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conversableeconomist.com | ||
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andolfatto.blogspot.com
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| | | | | The U.S. federal budget deficit for 2018 came in just shy of $800 billion, or about 4% of the gross domestic product (the primary deficit, ... | |
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investingcaffeine.com
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| | | | | D-E-B-T, our country's new four-letter word, used to be a fun toy the masses played and danced with to buy all kinds of goods and services. Debt was creatively utilized for all types of things, including, our super-sized McMansions purchased with Option ARM (Adjustable Rate Mortgage) Countrywide loans; our 0% financing car binges (thanks to... | |
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www.gao.gov
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| | | | | Increased federal spending in response to COVID-19, as well as rising interest rates, have added to our nation's financial woes. At $2.8 trillion, the FY 2021 budget deficit was the second largest in history-just short of the FY 2020 deficit of $3.1 trillion. These historically large deficits were due primarily to the economic disruptions caused by COVID-19-which decreased revenues in FY 2020-and the additional spending by the federal government in response to help the nation recover from the pandemic. | |
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heartlanddailynews.com
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| | | The critical question behind the economic outlook for 2024 is whether money measures still track with economic growth and decline? | ||
