Can America ‘Afford’ Another Recession?

Can America ‘Afford’ Another Recession? By Jon N. Hall

https://www.americanthinker.com/articles/2019/12/can_america_afford_another_recession.html

Excerpt: It’s now history: the federal deficit for fiscal 2019 was -$984 billion. That’s an increase from the previous year of $205B, or 26 percent. And this increase in the deficit happened, mind you, despite an increase in revenue of 4 percent. Here’s more history: On the last day of the last economic expansion (Nov. 30, 2007), the Debt Held by the Public was $5.146T, and twelve years later the Debt Held by the Public was $17.105T. That’s 3.32 times higher, kids. (This deficit and debt situation is totally unacceptable and the Republicans are equally to blame with the Democrats. I pity all of us if we don't make this a top priority. --SM)