U.S. budget deficit up 26%, nears $1 trillion

The thing I don’t understand about modern-day republicans is that back in the day they were known as being fiscally conservative, but these days, especially with Trump and McConnell in control, they are racking up insane levels of debt.

I can seeing racking up debt during a time when the economy is down, but racking up debt when unemployment is at all-time lows is like creating enormous credit card debt while you have a huge income, i.e., you create credit card debt that exceeds your income, no matter how high your income is. It makes no sense, and it puts a horrible burden on the future United States economy.

For more information, see this Washington Post story.

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