WaPo: Record Government/Corporate Debt Could Lead To "Tipping Point" After Pandemic Passes

American Conservatives Want To Be Lied To, But First Want To Redefine Falsehood As Truth

Record government, corporate debt could lead to ‘tipping point’ after pandemic passes

The federal government is on its way this year to spending $4 trillion more than it collects in revenue, analysts say. The reliance on so much debt will leave scars after the pandemic passes, economists say, making it difficult for policymakers to withdraw support and leaving the economy more vulnerable than before this crisis began.

By David Lynch ●  Read more »

Millions have lost their jobs. They’re losing their health insurance, too.