The US is in a tough place - high deficits are unsustainable but the economy is so dependant on the firehouse of government spending that if they try to cut we’ll end up in a recession and tax receipts will drop so it will cancel out and the deficit won’t actually go down.
The US is in a tough place - high deficits are unsustainable but the economy is so dependant on the firehouse of government spending that if they try to cut we’ll end up in a recession and tax receipts will drop so it will cancel out and the deficit won’t actually go down.
Title should have a "T" not an "M" for the $1.8 -- no?