Question
Arguably, 2018 tax cuts helped the country's continued recovery after the Great Recession of 2008-09. That was followed by massive stimulus spending and reduced economic
Arguably, 2018 tax cuts helped the country's continued recovery after the "Great Recession" of 2008-09. That was followed by massive stimulus spending and reduced economic activity during the COVID pandemic, increasing the U.S. national debt at a record pace. After reviewing chapter 13 (Section 13-3d Policy 3: "Government Budget Deficits and Surpluses," the Conclusion and Summary), take a look at the "US Debt Clock" on the website usdebtclock.org. (Link below.)What do you think about the size and growth of the US National Debt?What are the consequences of such a large debt? What other data (one item) on the debt clock impress you? Why?
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