Yeah, the mistake was in overstimulating the economy in the first place. He was warned at the time by lots of economists - many from his own party. Democrats laughed it off.
See above.
Actually, nothing to react to = overreaction. Where are the threads by critics of democratic party administration defending the poor economic
performance, educational achievement, and draconian criminal "justice" in the thirty two states with republican legislatures compared to the performance in those three areas in states under democratic party governance?
The U.S. budget deficit widened to $248.5 billion in November, up from $191.3 billion in the same month last year, the Treasury Department said Monday.
www.marketwatch.com
Published: Dec. 12, 2022 at 2:06 p.m. ET
By Greg Robb
"The numbers: The U.S. federal budget deficit widened to $248.5 billion in November, up from $191.3 billion in the same month last year, the Treasury Department said Monday.
For the first two months of the fiscal year, the deficit narrowed to $336.4 billion,
down from $356.4 billion in the same period last year.
Key details: In November, government receipts fell while spending increased, the department said.
Receipts were down $29 billion to $252 billion
from a year ago while
outlays rose $28 billion to $501 billion.
Interest on the federal debt was $
48 billion higher over the first two months of the fiscal year than from the same period a year earlier. The Federal Reserve’s rapid increase in interest rates is leading to higher interest payments.
Tax refunds were $
12 billion higher over the same period as the Internal Revenue Service
continued to work through a backlog of individual tax returns.
There were no remittances to the Treasury from the Fed in November
after $8 billion was sent in the same month last year. Higher short-term interest rates have raised the U.S. central bank’s interest expenses above its income.
Big picture: The deficit fell sharply to $1.4 trillion in the 2022 fiscal year from $2.8 trillion in fiscal 2021. Outside experts that the reduction was due to shrinking or expiring COVID-19 relief. Economists think the deficit is likely to shrink slightly this year, but there is a risk that spending might jump if the economy slides into a recession."
https://www.kplctv.com › 2022/06/17 › high-court-uphol...
Jun 17, 2022 — JACKSON, Miss. (WLBT) - A man sentenced to
life in prison on a
marijuana possession charge has lost his appeal in the state's
highest court.
https://apnews.com › article › mississippi-0e463c390be...
May 12, 2021 —
Allen Russell, 38, was sentenced to life in Forrest County in 2019 after a jury found him guilty of possession of more than 30 grams (1.05 ...
Ever been to St. Lawrence County? I feel safer in Harlem. No idea of the county, but very early in life, just entering my twenties, I happened to venture from my large city to a really tiny economically dying upstate NY town - staying a bit. I was taken back by the despair and lack of...
debatepolitics.com
....
Criminal justice policy in every region of the United States is out of step with the rest of the world.
www.prisonpolicy.org
World Incarceration Rates If Every U.S. State Were A Country
Louisiana
1,094
Mississippi 1,031
Oklahoma
993
Georgia (State)
968
Arkansas 942
Alabama 938
Kentucky 930
Arizona 868
Texas 840
Florida 795
Massachusetts
275
Massachusetts has 1/4 the per capita incarceration rate of Louisiana
https://www.bostonglobe.com › 2021/12/07 › metro › sho...are down in Boston this year ..
Dec 7, 2021 — Total
shooting incidents also were
down, from 224 last year to 163 this year. Overall, what police refer to as Part 1
crime, which includes .