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Is the US Economy Ready for a Post-Pandemic Budget Tightening?
· 24.11.2023 · 20:50:45 ··· Freitag ⭐ 0 🎬 0
📺 Bloomberg Quicktake
The $5 trillion of emergency pandemic spending between 2020 and 2022 left the US government with a rapidly widening budget deficit. In addition, Social Security and Medicare expenses are rising due to inflation adjustments and Boomers retiring. The difficult budget deficit arithmetic suggests we are entering a sustained period of spending restraint. Is the US economy strong enough for a period of relative austerity? Presented by @cmegroup: https://www.cmegroup.com/openmarkets/economics.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_econ&utm_content=more_insights
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· 24.11.2023 · 20:50:45 ··· Freitag
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