Federal Deficits

2024
$5,757 Borrowed Per Person

Everyone got benefits,
but some got more than others.

Are Taxes the Problem

Please Share

Related   Debt     Unemployment     Inflation   

 

All
21st Century Presidents
Borrowed

 

President Carter last US President
 to Actively Try to Lower Deficits.

President Clinton lowered it,
with a capital gains tax cut from 20%-10%.
Bush 2 tried it from 10 to 5%.
Seems everyone who could,
 took the savings under Clinton.

 

Since WW2,  Deficits Not A Problem

 

 

 

When Treasury Needs Money, Fed Can buy as Much as they want.
With Covid, FED bought Most of the Trump-Biden Giveaway