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WC MN | Heard this from Joe V this morning.
Congressional budget office says deficit spending is 27% higher than estimated. $1.9 trillion deficit for 2024. Costs associated with the disaster at the southern border are not included. St. Louis fed estimates debt to GDP is 122%. Since 1800 51 of 52 countries that have reached 130% debt to GDP have defaulted.
The rich get richer and the rest of the working class suffer to some extent. Nothing will change until our leaders are forced to by force.
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Scary government numbers
