That’s the Federal debt. It crossed that threshold around the time this issue went to print and is a grim milestone to say the least. I wonder if we can just put it on a credit card and be done with it?
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Tag: GDP
Sullivan: March Data Weakens; Outlook Hinges on One Factor
Recent economic data reflected a modest economic weakening of conditions in the context of elevated inflation, according to Construction Materials Economist Ed Sullivan. Consumer spending increased – but at a rate less than expected. As a result, inventories rose – sending a signal that future production may come in light. GDP for the fourth quarter was revised down from 0.7%…
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