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Printed from https://www.writing.com/main/books/entry_id/979726-Debt-Increasing-From-Economic-Stimulus
Rated: 18+ · Book · Writing · #1300042
All that remains: here in my afterlife as a 'mainstream' blogger, with what little I know.
#979726 added March 30, 2020 at 7:26pm
Restrictions: None
Debt Increasing From Economic Stimulus
You might have been one of those people, who like me, questioned how our government can come up with a $2 trillion stimulus bill to help our nations economy. There is news now that this will more than double our deficit this year.

“In 2013, when the country was still recovering from the Great Recession, (US Senator Mitch) McConnell told CBS News: ‘We now have a debt of $16.4 trillion. That's as big as our economy. That alone makes us look a lot like Greece. We have an incredible spending addiction.’”

https://apple.news/AYT2FyPfSRtWozKofhpyuyA

Meanwhile, the US stock market did surprisingly well today, despite reports of projected Coronavirus cases and deaths to come, and the impact on lives from having to stay home even longer. President Trump extended the stay at home order until the end of April.

If you check that link there are additional stories about people extorting hospitals for money over a surplus of medical supplies.

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Printed from https://www.writing.com/main/books/entry_id/979726-Debt-Increasing-From-Economic-Stimulus