✅ Fact-checked    


The USA decided not to worry about the national debt




The head of the Federal Reserve System Jerome Powell said that now is not the time to worry about the public debt issue. He spoke about this, speaking via video link at the Economic Club of New York, the recording of his speech was published on the YouTube channel CNBC Television.

According to him, the United States is now still very far from taking into account the ability of the federal government to finance itself in its policy. It is noted that recently, the US budget deficit and national debt have grown sharply due to the fact that the country's authorities have adopted large-scale packages of measures to support the economy amid the coronavirus pandemic.

Earlier, the US Department of Commerce reported that US GDP fell 3.5 percent last year, the worst record since World War II. The country's economy experienced a significant fall for the first time since the global financial crisis in 2008 when GDP fell by 2.5 percent.



Google News
Views: 96

TAGS: USA, ECONOMY

Add a comment!

Your name:
Your Email:
  • bowtiesmilelaughingblushsmileyrelaxedsmirk
    heart_eyeskissing_heartkissing_closed_eyesflushedrelievedsatisfiedgrin
    winkstuck_out_tongue_winking_eyestuck_out_tongue_closed_eyesgrinningkissingstuck_out_tonguesleeping
    worriedfrowninganguishedopen_mouthgrimacingconfusedhushed
    expressionlessunamusedsweat_smilesweatdisappointed_relievedwearypensive
    disappointedconfoundedfearfulcold_sweatperseverecrysob
    joyastonishedscreamtired_faceangryragetriumph
    sleepyyummasksunglassesdizzy_faceimpsmiling_imp
    neutral_faceno_mouthinnocent
The code:
Кликните на изображение чтобы обновить код, если он неразборчив
Enter a code: