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U.S. is closing in on doing something it hasn't done since World War II — borrowing more money than it raises - MarketWatch
Trumpists will probably ignore the first point in order to absolve their messiah of blame.
“This scary reality is the culmination of at least three factors: 1.) We were already running large, and eventually unsustainable, deficits pre-COVID; 2.) The crisis has caused revenues to fall well below expectations and countercyclical spending to spike; 3.) The government’s fiscal response has been appropriately large, adding significantly to deficits,”
Trumpists will probably ignore the first point in order to absolve their messiah of blame.