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News for Norther Colorado and the world

Monday, June 27, 2022

Posts Tagged ‘trillions’

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Found on Being Liberal's Facebook page  

Our Economy

Our Economy

To the Editor, This is a fine mess we’ve gotten ourselves into. Both our unemployment rate and our national debt are ‘way too high, and improving either one will make the other worse. Spending money to increase jobs will increase our debt. Laying off government workers to lower spending will increase unemployment. More unemployment = less consumer spending = fewer new jobs. If we do nothing, we stagnate. The Obama Administration is struggling mightily with this inherited mess, but ... Full Story