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by Proziam
1991 days ago
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I excluded the omnibus spending from that number. Most folks, including myself, are appalled at how irresponsible the spending is. However, it would be intellectually dishonest to combine them to make that argument. The stimulus component was roughly 900B, of which each American (there's roughly 330M of us) will only receive $600. Of course, this is all accomplished by [0]printing obscene amounts of USD and saddling Americans with a debt that will likely never be repayable. [1]At present, the debt to GDP ratio exceeds 130%. [0] https://www.usatoday.com/in-depth/money/2020/05/12/coronavir... [1] https://www.usdebtclock.org/ |
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