The U.S. economy is showing signs of stagflation as growth slumps down and prices continue to surge for average Americans, experts told the Daily Caller News Foundation. Thin with a boyish face and earrings in both ears, 23-year-old Isayah Turner does not look like a stereotypical Trump supporter, who tend to be middle aged or older. The latest budget update from the nonpartisan Congressional Budget Office (CBO) found that the federal government has spent more on paying interest on the national debt than on the military in fiscal year 2024. The U.S. Bureau of Labor Statistics reported that 303,000 jobs were created in the month of March with unemployment remaining at 3.8% The Congressional Budget Office on Wednesday released a bleak outlook for the federal government with new projections that show debt levels will reach their highest levels ever in five years. The US economy is booming except for the middle class who are being hammered by inflationary costs.Mounting Evidence Is Pointing To A Nightmare Scenario For The U.S. Economy
Some young people see Trump as an answer to their economic woes
US national debt interest exceeds defense spending: CBO
303,000 Jobs Created in March
CBO reports grim long-term outlook for federal government
The U.S. Economy Is Booming, But Only for a Few
ECONOMYadmin.ws2018-06-13T20:28:50-05:00
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