by MN Gordon
Addicted to Spending
There are many falsehoods being perpetuated these days when it comes to money, financial markets, and the economy. But when you cut the chaff, three related facts remain: Uncle Sam needs your money. He needs a lot of your money. And he needs it bad!
[…] According to the Congressional Budget Office, the federal budget deficit for the first two months of fiscal year 2020 is $342 billion. This amounts to $36 billion more than the deficit recorded during the same period last year. At this rate, Washington is going to add over $1 trillion to the national debt in FY 2020.