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The National Debt, Do You Worry About It?
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<blockquote data-quote="Next Day Err" data-source="post: 5860583" data-attributes="member: 107379"><p>We’ve had a long history of doing too little in terms of response to economic shocks. This time was an overshoot. Keep in mind we’re a $27 trillion economy, and the ARP ($1.9 trillion) was a one time shot amidst a crisis. Not sure it’s totally responsible for 100% of the cycle of inflation we’ve had. Also we should note that Trump signed the CARES Act which was $2.2 trillion.</p><p></p><p>Not everything economics related has to be political. It’s a big topic.</p></blockquote><p></p>
[QUOTE="Next Day Err, post: 5860583, member: 107379"] We’ve had a long history of doing too little in terms of response to economic shocks. This time was an overshoot. Keep in mind we’re a $27 trillion economy, and the ARP ($1.9 trillion) was a one time shot amidst a crisis. Not sure it’s totally responsible for 100% of the cycle of inflation we’ve had. Also we should note that Trump signed the CARES Act which was $2.2 trillion. Not everything economics related has to be political. It’s a big topic. [/QUOTE]
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