Government Spending has Increased 89% since 2016 to $7.2T - Schiff Gold
Government Spending has Increased 89% since 2016 to $7.2T - Schiff Gold
Source: Schiff Gold
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DW NOTE
Government spending rose 89% in a decade that delivered two wars, a pandemic bailout spree, and the worst inflation in forty years. The federal deficit is running 3% higher than last year even with the economy at supposed full employment. When you can't balance the budget at the top of the cycle, you're not running a country — you're running a Ponzi scheme with a printing press.