The deficit is that high because the government is a big polluter which has persuaded people they are the culprits in destroying the planet, not the the leviathan wasteful government.
The entitlement programs will continue to increase as the population ages. 10,000 baby boomers retire every day and will continue to do so at that rate until 2030. The entitlement programs, Medicaid, food stamps, and debt servicing costs comprise two-thirds of the federal budget and are on automatic pilot.
“Here’s Another Clue For You All”
The walrus was Paul
....the walrus was Paul
h/t "Glass Onion"
In order to make sense out of the information in this article, one must first understand what the ‘deficit’ is.
Most people don’t really know what the deficit is, or the national debt, nor why the interest goes up or down.
Who here can explain these terms?
If you are against an import tariffs then shut up about the deficit. You have no right to complain.
Look at the GDP figures for the second quarter of 2019. The biggest contributor to our 2% growth was a 15% increase in the “Government, Non-Defense” sector.
Partially paying for themselves. Long and short is that if you aren't raising revenue you have to cut spending. And when you don't do that and the small increase in revenue you do have is offset by larger increase in spending then that's why you have trillion dollar deficits.