2024’s Deficit Is Already On Track To Be The Worst Since Covid – OpEd

By Ryan McMaken

Weakness in the US economy continues to hide behind surging debt levels and government spending. As noted last month by Daniel LaCalle, 

“[A] large part of the growth in GDP came from bloated government spending financed with more debt and inventory revaluation, adding 0.8 and 1.4 percentage points to...