Another Crisis For Washington DC To Justify Unjustifiable Spending Binges (Subprime Crisis, Covid, ??) Biden Borrows $6.75 TRILLION While Spending $569 Billion
by confoundedinterest17 In statistics we talk about “jump processes.” Like Federal government spending every time there is a financial crisis like the subprime crisis of 2008-2009 and the Covid lockdowns of 2020. Each crisis brought a jump in the level of spending and jump in Federal debt. Federal debt under Biden started at $27.7 trillion and is …