Opinion: The ballooning federal deficit reveals a big shift in the way politicians think about adding to the national debt. By pearkes.
The federal deficit used to expand as the whole of the US economy was getting worse and shrink as the economy grew stronger, but that's no longer the case. Despite the relatively strong economy, the federal deficit is growing and that appears to be in response to the weakening manufacturing sector. The focus on manufacturing seems to be driven by the outsized political influence of the industry, causing politicians to focus on boosting the sector.
The federal deficit used to expand as the whole of the US economy was getting worse and shrink as the economy grew stronger, but that's no longer the case. Despite the relatively strong economy, the federal deficit is growing and that appears to be in response to the weakening manufacturing sector. The focus on manufacturing seems to be driven by the outsized political influence of the industry, causing politicians to focus on boosting the sector.
France Dernières Nouvelles, France Actualités
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