3 ms·
We haven't run a surplus since 2001, and I'd be very surprised if we continue to see the deficit decline. You can think of 2020/2021 as outliers because of all
by nostrademons 4y ago
We haven't run a surplus since 2001, and I'd be very surprised if we continue to see the deficit decline. You can think of 2020/2021 as outliers because of all the pandemic spending assistance, and then taking them out, we're back on the same trendline since 2015, i.e. up. Likely will be even steeper if we get a recession later this year or next.