13 lines
824 B
JSON
13 lines
824 B
JSON
{
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"HubID": "3689",
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"Date": "12/19/2023",
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"HubTags": [
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"External Platform Posts"
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],
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"Contacts": "",
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"Companies": "",
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"File": "",
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"Image": "3689__Image_URL.jpg",
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"Summary": "<p>U.S. federal government spending is 20-25% of the U.S. economy, and we currently spend 40% more than we take in. Consider at some point that investors of U.S. government debt will no longer fund this shortfall, requiring painful reductions in government spending. And also consider the multiplier effect of U.S. federal government purchases on the U.S. economy as shown in the attached graph. </p><p>Somewhere in the future - I sense inside the next 10 years - there will be twin reckonings where government spending has to fall and the multiplier effect kicks in to the negative. <span></span><br /></p>",
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"Notes": ""
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} |