Treasury just dropped a financial bomb, but Bidenomics means the worst is yet to come.
With all the chaos and heartbreaking loss of life around the world today, few noticed the Treasury Department drop a financial bomb: the deficit for fiscal year 2023 was $1.7 trillion, growing 23 percent in a single year as the Treasury used $879 billion just to service the federal debt. But Bidenomics means the worst is yet to come, and multi-trillion-dollar deficits are the new normal.
Even liberal news media like MSN are starting to understand what a joke Bidenomics is. Bidenomics will be a joke word used for generations to come.