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News@lemmy.world · 2 months ago

U.S. hits $38 trillion in debt, after the fastest accumulation of $1 trillion outside of the pandemic

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U.S. hits $38 trillion in debt, after the fastest accumulation of $1 trillion outside of the pandemic

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News@lemmy.world · 2 months ago

This rapid debt accumulation is the fastest outside of the COVID-19 pandemic, with the debt having reached $37 trillion in August.

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Why did no one warn us that a failure of a businessman would utterly fail at the business of running an economy?
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  First a failed painter. Now a failed businessman. Who’s gonna be next?

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