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by throw0101c
583 days ago
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> Outlays have not come down to anything close to pre-COVID levels. Federal Net Outlays as Percent of GDP have been around 20% since ~1980: * https://fred.stlouisfed.org/series/FYONGDA188S They jumped to 30% in 2020, and are on a downward trend, with 2023 being at 22%. Technically true not down to 20% in 2019, but not as horrendous as many people think. |
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