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Uncle Sam Needs YOU(r)……Money!

Summary:
There are many falsehoods being perpetuated these days when it comes to money, financial markets, and the economy.  But when you cut the chaff, three related facts remain: Uncle Sam needs your money.  He needs a lot of your money.  And he needs it bad! According to the Congressional Budget Office, the federal budget deficit for the first two months of fiscal year 2020 is 2 billion. https://davidstockmanscontracorner.com/?p=362880&preview_id=362880&preview_nonce=644c7206ab&preview=true

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There are many falsehoods being perpetuated these days when it comes to money, financial markets, and the economy.  But when you cut the chaff, three related facts remain: Uncle Sam needs your money.  He needs a lot of your money.  And he needs it bad!

According to the Congressional Budget Office, the federal budget deficit for the first two months of fiscal year 2020 is $342 billion.

https://davidstockmanscontracorner.com/?p=362880&preview_id=362880&preview_nonce=644c7206ab&preview=true

David Stockman
David Alan Stockman (born November 10, 1946) is a former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.

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