The government has spent $1.97 trillion dollars more than it has taken from you in taxes so far this year alone
And yes, that’s worse than last year, and the year before, and the year before that
Interest payments already consume 25% of all government revenue.
If the massive deficit spending continues, there will only be money for interest payments and nothing else! No social security, no medical, no defense … nothing.
In a 2016 speech, Fischer succinctly summarized the evolution of modern macroeconomics.
An economist returns to his alma mater after 50 years and discovers that the exam questions are still the same.
“Ah yes,” he is told, “but all the answers are different.”
@CharlieK_news I question whether @finkd or @jack ever had any above average talent. It appears more likely that they were just intelligence agency pawns that sold their soul for a guarantee of success they could never have achieved on their own.
Unlike @elonmusk
@TaraBull808 Hey Grok, where was singer Bono born, what citizenship does he hold?
Bono, whose real name is Paul David Hewson, was born in Dublin, Ireland, on May 10, 1960. He holds Irish citizenship.