Uncle Sam Blew $3 Trillion on the Virus in Six Weeks

Uncle Sam, blew $3 trillion, government spending trillions on coronavirus
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Uncle Sam blew $3 trillion on the coronavirus in six weeks. But the bug is still laying waste to the economy. And the Congressional Budget Office projects a deficit of $3.7 trillion this year. What to do? Hit it with more money.

One Response to Uncle Sam Blew $3 Trillion on the Virus in Six Weeks

  1. Peter Jaysays:

    I know this has been said a lot over the last 10 years but this has to move inflation up. The traditional Fed response to curb inflation? Higher interest rates. Does that bring on a recession? We’ll see. Higher interest rates, all else equal, is great for the funding percentage of pensions.

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