Federal debt $36.2 trillion, annual revenue $5.4 trillion, debt-to-revenue ratio worse than 2008. Debt up $550 billion in a month
We Cannot Afford A Recession There has been ongoing debate as to whether the U.S. economy can weather some of the headwinds we’re currently facing. However, if the past two recessions are any indication, we simply cannot afford a recession—not fiscally, not politically, and certainly not mathematically. The core issue is that the debt-to-revenue ratio …