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General News    H4'ed 10/26/19

The U.S. deficit hit $984 billion in 2019,

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'The U.S. government’s budget deficit ballooned to nearly $1 trillion in 2019, as the ’ fiscal imbalance widened for a fourth consecutive year despite a sustained run of economic growth. The deficit grew $205 billion, or 26 percent, in the past year.America’s expanding federal deficit is an anomaly among developed nations around the world. Nearly all other advanced-economy countries are on track to see their debt shrink as a share of their economy over the next five years, according to the International Monetary Fund.' Republican policymakers have made little noise about the deficit under Trump, a contrast with their dire predictions about rising red ink under President Obama.'

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At www.washingtonpost.com

 

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I began teaching in 1963,; Ba and BS in Education -Brooklyn College. I have the equivalent of 2 additional Master's, mainly in Literacy Studies and Graphic Design. I was the only seventh grade teacher of English from 1990 -1999 at East Side (more...)
 

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