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by HarHarVeryFunny 791 days ago
> Keep in mind that a lot of the US' current growth comes from its huge budget deficit

I don't see that.

Most innovation in the US is from private companies and private investment.

Government spending is mostly wasteful, and on things that have little to do with growth, such as social security, medicare, military ...

https://www.nationalpriorities.org/budget-basics/federal-bud...

Infrastructure in the US is crumbling, education is a disaster (esp. college costs - crippling), medical costs out of control, housing costs out of control ... It's amazing that there is at least some surface appearance of the economy being healthy, but it's really a sham.