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Deficit Balloons To $980 Bln. Where Are All The Mmt Gods Cheering This??
A giant end-of-month spending spree inwards August has ballooned the Federal defiicit to $980 bln as well as 4.8% of GDP.
This is the largest nominal deficit since 2009 as well as the largest equally a pct of gross domestic product since 2012.
The MMT gods should move cheering this. They're not. Weird.
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