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Replying to Avatar Lyn Alden

Debt issuance is not smooth, but rather is lumpy. One cannot extrapolate two months of deficits into the annual deficit.

The Treasury refilled their cash balance by $400 billion in two months, which meant extra debt issuance that wont be repeated any time soon.

Additionally, tax season brings in a burst of taxes, and so the back half of the calendar year tends to have larger deficits than the front half.

Actual deficits are still closer to the $2 trillion range. And indeed, nothing stops this train.

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Hazey 2mo ago

A complete collapse/disappearance of the US government would be fantastic, because it causes immeasurable harm while providing absolutely nothing useful

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deeznuts 2mo ago

💯🫶🏻🤩

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TallBrian 2mo ago

Since I’m a smart ass, I wanted to respond with something the government does that is indisputably a good thing…..I’m still thinking…..

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