Monday, October 23, 2017

GOP Congress : Highest Spending since Obama Stimulus Year


And remember that stimulus year (FY2009) included the $350B of capital to banks just to cover the $Ts of non-risk assets the Fed created in the first place and crashed the whole system; ie not spending for government consumption or transfer payments.

And FY2018 is starting out even higher. Now is not the time to be calling for a recession next month.



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