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potsandpansbyccg.com
| | 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.
| | conversableeconomist.com
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| | From a conceptual point of view, the economics of research and development is the opposite of pollution. When a private party carries out an economic activity that leads to pollution, the private party gets the economic benefit, but the broader society bears the costs (in the jargon, a "negative externality"). However, when a private party
| | fred.stlouisfed.org
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| | View the ratio of federal debt to the economic output of the U.S., which can indicate economic health and the sustainability of government borrowing.
| | manjubhat.wordpress.com
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| Mark Russinovich's blog