The US government continues to spend money like a drunken sailor…

June 13, 2023 9:26 am by CWR

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The US government continues to spend money like a drunken sailor w/ the budget deficit widening to $2.1 trillion, highest since Feb 2021. This is occurring when the economy is still in an economic expansion w/ Unemployment @ 3.7%. What happens to the deficit when recession hits? pic.twitter.com/eJFnnIJb97

— Charlie Bilello (@charliebilello) June 12, 2023

See also This is simply a ploy to raise taxes. When the Government is asked to cut spending, they always cut necessities first to artificially create a hardship, to justify more spending and more taxes.

See also China's 2-year government bond yields drop below 1%, economy is rapidly slowing. Second largest economy in world DEFLATING now.

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