Advertisment

 

The National Debt Clock Is Flashing A Major Red Alert!

The National Debt Clock Is Flashing A Major Red Alert! - Hallo sahabat donatecarsinma, Pada Artikel yang anda baca kali ini dengan judul The National Debt Clock Is Flashing A Major Red Alert!, kami telah mempersiapkan artikel ini dengan baik untuk anda baca dan ambil informasi didalamnya. mudah-mudahan isi postingan Artikel DONATE, Artikel Salisbury News, yang kami tulis ini dapat anda pahami. baiklah, selamat membaca.

Judul : The National Debt Clock Is Flashing A Major Red Alert!
link : The National Debt Clock Is Flashing A Major Red Alert!

Baca juga


The National Debt Clock Is Flashing A Major Red Alert!

The National Debt Clock is flashing a major warning, Red Alert! this morning while working on another article I happened to glance at this indicator and recoiled in horror. While most people are aware the national debt has exploded, it brought my focus back to this subject. Many of us that watch the economy closely are still trying to get our heads around the rapidly unfolding covid-19 crises and the impact of trillions of dollars flowing into the financial system. America's debt has soared past 25 trillion dollars and is now expected to leap by several more by the end of the year.

All this, of course, is in play even before it was announced that House Democrats have powered through the House another $3 trillion coronavirus relief bill. It is described as an election-year measure designed to brace a U.S. economy in free fall and a health care system struggling to contain the pandemic.

This debt surge would have been unimaginable just a year ago. The clock provided by US Debt Clock.org provides a great deal of insight and information. a seldom and underused feature appears on the right-side of the top line, it is labeled "Debt Clock Time Machine." When you click on it you are provided with a view of where the debt and a slew of data for several periods in the past. It also provides a view of current expectations four years forward.

While it can be difficult to sort out much of this information, it is very helpful in identifying trends. With this in mind, it is important to note that the number of people living on government transfers of wealth has grown over the decades. Since the massive disruption in the economy resulting from the government’s response to covid-19 is likely to lead to a deep recession or depression marked by reduced dividends, an end to buybacks, and softer growth. The Trump administration's decision to jump into the breach by signing the CARES Act, a $2.3 trillion relief package, is another indication that his answer to such an economic disaster is mega-spending on hand-outs and social projects.

More


from The National Debt Clock is flashing a major warning, Red Alert! this morning while working on another article I happened to glance at this indicator and recoiled in horror. While most people are aware the national debt has exploded, it brought my focus back to this subject. Many of us that watch the economy closely are still trying to get our heads around the rapidly unfolding covid-19 crises and the impact of trillions of dollars flowing into the financial system. America's debt has soared past 25 trillion dollars and is now expected to leap by several more by the end of the year.

All this, of course, is in play even before it was announced that House Democrats have powered through the House another $3 trillion coronavirus relief bill. It is described as an election-year measure designed to brace a U.S. economy in free fall and a health care system struggling to contain the pandemic.

This debt surge would have been unimaginable just a year ago. The clock provided by US Debt Clock.org provides a great deal of insight and information. a seldom and underused feature appears on the right-side of the top line, it is labeled "Debt Clock Time Machine." When you click on it you are provided with a view of where the debt and a slew of data for several periods in the past. It also provides a view of current expectations four years forward.

While it can be difficult to sort out much of this information, it is very helpful in identifying trends. With this in mind, it is important to note that the number of people living on government transfers of wealth has grown over the decades. Since the massive disruption in the economy resulting from the government’s response to covid-19 is likely to lead to a deep recession or depression marked by reduced dividends, an end to buybacks, and softer growth. The Trump administration's decision to jump into the breach by signing the CARES Act, a $2.3 trillion relief package, is another indication that his answer to such an economic disaster is mega-spending on hand-outs and social projects.

More
https://ift.tt/2WIjI8a
via DONATE


Demikianlah Artikel The National Debt Clock Is Flashing A Major Red Alert!

Sekianlah artikel The National Debt Clock Is Flashing A Major Red Alert! kali ini, mudah-mudahan bisa memberi manfaat untuk anda semua. baiklah, sampai jumpa di postingan artikel lainnya.

Anda sekarang membaca artikel The National Debt Clock Is Flashing A Major Red Alert! dengan alamat link https://www.donatecarsinma.ga/2020/05/the-national-debt-clock-is-flashing.html

0 Response to "The National Debt Clock Is Flashing A Major Red Alert!"

Post a Comment

Total Pengunjung