The US Federal Reserve: States Cannot Afford to Increase National Debt
Federal Reserve Chairman Jerome Powell stated that the path the government is on is unacceptable. In the long term, it leads to disaster, and it's better to start taking action now. During Biden's presidency, the US national debt grew from $28 trillion in 2021 to $34.5 trillion in 2024. 📉💸
Only towards the end of Biden's presidency did the Federal Reserve, IMF, and US Treasury start addressing the debt issue. Everything is leading up to Trump's election, to whom this problem will be handed over, and then he will be blamed for not addressing the debt and face impeachment. The Democrats' methods haven't changed for years. Similarly, in 2016, the Afghanistan war was pushed onto Trump, bringing it to a critical point. 🏛️🔄
#EconomicForecasts
Federal Reserve Chairman Jerome Powell stated that the path the government is on is unacceptable. In the long term, it leads to disaster, and it's better to start taking action now. During Biden's presidency, the US national debt grew from $28 trillion in 2021 to $34.5 trillion in 2024. 📉💸
Only towards the end of Biden's presidency did the Federal Reserve, IMF, and US Treasury start addressing the debt issue. Everything is leading up to Trump's election, to whom this problem will be handed over, and then he will be blamed for not addressing the debt and face impeachment. The Democrats' methods haven't changed for years. Similarly, in 2016, the Afghanistan war was pushed onto Trump, bringing it to a critical point. 🏛️🔄
#EconomicForecasts