The spending is insane. Our national GDP was $21,200,000,000,000 in 2019. That is $21.2 trillion dollars.
The Fed now apparently plans on spending $5 trillion it does not have, or nearly 25% of GDP - during a boom time. The GDP is likely to shrivel in 2020 - A 10% drop puts it at about $19.8 trillion, meaning the deficit spending will be more than 25% of GDP.
That is the end of the nation. Afghanistan would have a lower deficit as a percentage of its GDP. Maybe Afghanistan can send us a couple of trillion dollars?? Oh, and we rightly became pretty damn irritated at the amount of money we spent on the Middle East wars. Remember that?
So how much did we spend on those wars? $5.9 trillion.
https://www.cnbc.com/2018/11/14/us-...n-middle-east-asia-wars-since-2001-study.html
What. The. ****?!? $5.9 trillion on those goddamn endless wars? How is that even ******* possible? That is so goddamn much money, spent over 14 years, or an average of $400 billion per year!
Wait, $400 billion per year? That's a ******* rounding error on the present unfunded spending. $400 billion?!? Hold my beer and watch this ... $5 trillion, bay-bee!! Why? So that we can rival the stupendous success and economic acumen of those other great nations spending more than 10% of GDP on deficit spending: Sudan, Libya, Venezuela, Afghanistan, Oman, Gambia, Congo, Brunei, Djibouti. Great, time to shake like Djibouti!!
https://www.worldatlas.com/articles/the-largest-deficits-in-the-world.html