The greatest threat to American national security is not from any external threat but from the ever increasing national debt which just crossed the $33 trillion plateau, but the really sad part nobody seems to even care! The United States government will run a deficit of around $2 trillion, double last year’s number, for the fiscal year that ends in just over three weeks. Understanding why is key to revealing something important about how inflation and debt interact. The US economy is barreling toward recession as consumers’ finances crumble, and inflation could surge again, Jeffrey Gundlach has warned. One of the most famous political lines ever uttered was coined by Democratic political operative James Carville during the 1992 presidential election, “It’s the Economy Stupid,” this phrase alone defined the presidential contest which propelled then candidate Bill Clinton to the White House. Republican border-state strategy to send illegal immigrants to Democrat-run cities and states is paying off. Federal Reserve Chair Jerome Powell on Friday called for more vigilance in the fight against inflation, warning that additional interest rate increases could be yet to come.National Debt Tops $33 Trillion and Nobody Cares!
Why America’s deficit doubled to $2 trillion in one year
US economy will ‘hit a wall’ by the spring – and inflation could spike again, warns ‘bond king’ Jeffrey Gundlach
It’s The Economy Stupid, It’s the Economy Stupid!
Busing Illegal Immigrants to Blue America Is Working: Democrats Deserve Blame for Biden’s Border Crisis
Fed Chair Powell calls inflation ‘too high’ and warns that ‘we are prepared to raise rates further’
ECONOMYadmin.ws2018-06-13T20:28:50-05:00
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Posted in Economy
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Posted in Economy
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Posted in Economy
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Posted in Economy, Foreign Policy, U.S. Politics
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Posted in Economy
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