AMERICAblog: Federal deficit will more than double this year
unrepentant_expat
· 1 year ago
"annual deficits could balloon to as much as 5 percent of the economy, rivaling the dark fiscal days of the early-1990s and those of the Reagan administration..."
Obviously not a quote from the Republican convention about the glorious Reagan era.
Joneses
· 1 year ago
And the beat goes on.
TheElectricMessiah
· 1 year ago
Let's get Biden talking about how much this deficit will cost each American citizen.
Let's see. . .3.4 Trillion divided by 300 million (approximate US population) equals 1.1 million and change for each US citizen. Each working dad, working mom, and non-working child. And don't forget Duby's favorite 3-job working mom in middle america.
Seems like it shouldn't be that hard to make this a campaign issue.
dad
· 1 year ago
four more years
brilliantatbreakfast
· 1 year ago
You realize of course that they will blame this on the Democrats because they've controlled Congress since early 2007....
tofubo
· 1 year ago
it's not "only" 407 billion this year, add the 600 or so for soc sec and medicare surplus being counted as "revenue" against the budget as a whole, and it's a trillion dollars in the red
All Comments
Obviously not a quote from the Republican convention about the glorious Reagan era.
Let's see. . .3.4 Trillion divided by 300 million (approximate US population) equals 1.1 million and change for each US citizen. Each working dad, working mom, and non-working child. And don't forget Duby's favorite 3-job working mom in middle america.
Seems like it shouldn't be that hard to make this a campaign issue.