Spending Our Way to a Fiscal Crisis | Mises Wire
According to financial writer Simon Black, the federal government is spending approximately 52,000 dollars per second. This, not last year’s tax cuts, is the reason why the national debt has reached a record 21 trillion dollars, which is more than America’s gross domestic product (GDP).
— Read on mises.org/wire/spending-our-way-fiscal-crisis
You must be logged in to post a comment.