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Dec. 19, 2018 8:02 am
Island Buc aka Baghdad Bob left the Cove. Is this why? Lol
https://thehill.com/opinion/finance/421737-missing-fiscal-sanity-in-washington
“While the numbers are significant, what’s discussed less is the context in which this debt increase is occurring: Modern history shows few examples of deficits this high outside of recession, war or the immediate aftermath of either.
As the Center for a Responsible Federal Budget noted, the current situation — where the deficit has jumped from 3.5 percent to 4.6 percent of GDP in one year — is “virtually unprecedented in current economic conditions.”
