Maybe it is because somebody did not get as many massive spending bills passed as he wanted.

I agree. So sick of the whining.

Other things more important to them. Sad isnt it.

Only when compared to the HUGE deficit that was run up with all of the Covid spending...

Just wait until the "Inflation Reduction Act" kicks in...

You completely ignore the Govt's huge infusion of cash over the last two years...

More $$$ = more competition for goods and services...

Economics 101 should have been a required course.

I was a Biology major in college. I took Econ 101 as an elective...

My professor was stunned that I actually CHOSE to take the course.. It was the easiest course I took that semester...

I still remember the first words he uttered at the first lecture of the semester... "There's no such thing as a free lunch..."

"Guns & Butter"! :p

1950's based rational humans' decision theory has been totally debunked with behavioral economics. No better than home economics. Totally ignores emotional bias decision making by humans who can easily fool themselves

as seen in the last two years with too much money floating around, and how humans make very poor suboptimal decisions, or reflected in bitcoin/tulips.

Finance/portfolio theory a much more practical decision making course.

I grew up in the 40’s, 50’s and into adulthood in 1960. I am the Son of a coal miner and grandson of a coal miner. I remember the day after day funerals in my hometown from the mine explosion that killed 109 men. It was the best of times and the worst of times. Greed then and greed now. USA may not be the best Country in the world but it’s way ahead of whatever is in second place. Fore!

Our government is a government of the people, by the people and for the people. As such, it is not a business which is entirely different. Do you get that?

I get that, but unfortunately the people that represent us have sold out to special interests. Do you get that?

Do you think our tax monies are spent wisely?

It is pretty hard to CONTROL the national debt when population increases are out of CONTROL.
........Also, as ONE simple example of where government costs have increased is the problem caused by all the FIRES out west. 7 out of the last 8 years have had RECORD HEAT. Ask yourself, what CAUSED that? It is a problem that is basically being ignored at this time, but it won't go away - and it cost lives every year and it INCREASES costs to state and Federal governments. Killer hurricane IAN has cost and will cost Floridians and the
Federal government MANY billions of dollars. Also, homeowners insurance will rise and is now the highest in the US. That problem was ignored in the US and has not been worked on for the last 30 years. Europe has worked on that problem. Also, Europe and Australia have more efficient health care which allows their societies to be more work efficient and worry less - that leads to improved GNP which allows those countries to take IN more tax money which lowers their National debt.

These are just a few examples of how America could better CONTROL its national debt. And I have not even mentioned tax brackets and percentages.

Covid was typical in that in the US there was a HUGE time delay before solutions were implemented. In the free world, there were countries that reacted sooner than the US. However, the US reacted significantly better than Russia and China.

"competition for goods and services" is the capitalist American system that works so much better than Russia and China. Large numbers of companies (competitors) in ANY GIVEN industry force prices DOWN. It is MONOPOLIES and duopolies that screw up the American FREE market and drive prices UP. Are LARGE industrial FARMS as good for America as the small individual farmers? I think NOT. Is the oil and gas industries competitive enough? I think NOT. Are the Kock brothers (now just one) good for America? I think NOT. Note that they were one of the last companies to pull out of Russia. Was that patriotic or an example of monopolistic behavior?

Recessions weaken America and will create a bigger homeless situation than we have today. Many homeowners will lose jobs and their large homes with high mortgages. And the speculators will dive in like greedy vultures! We all have to keep our fingers crossed that the Fed can get us out of this dire economic situation, even though they started too late.

I can basically agree with that. Well stated. Economics 101 was merely a relatively easy course designed as an introduction only.