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US Economy Was Drunk on Government Spending

Summary by Independent Sentinel
The Biden economy was without substance and propped up by government spending. Employment was based on people here illegally and government workers, who produce nothing. Growth was based on government contracts. President Trump is trying to rebuild the economy for the working man led by the private engine, not government subsidies. Americans were drunk on […] The post US Economy Was Drunk on Government Spending appeared first on www.independents…
DisclaimerRead with caution - this story is only being covered by one news source that has a ‘low factuality’ rating, which means the outlet has a history of poor reporting practices. Learn more about factuality ratings here.

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Independent SentinelIndependent Sentinel

US Economy Was Drunk on Government Spending

The Biden economy was without substance and propped up by government spending. Employment was based on people here illegally and government workers, who produce nothing. Growth was based on government contracts. President Trump is trying to rebuild the economy for the working man led by the private engine, not government subsidies. Americans were drunk on […] The post US Economy Was Drunk on Government Spending appeared first on www.independents…

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Financial WorldFinancial World

Understanding America's government spending dynamics

Concerns about excessive reliance on government spending and its supposed negative impact on economic health have become common among commentators. Recently, prominent voices have expressed worries that the economy is "hooked" on federal spending. Investor Scott Bessent suggested that the market had become "addicted to government spending," predicting a necessary "detox period." Similarly, financier Howard Lutnick advocated separating public and…

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Independent Sentinel broke the news in on Tuesday, March 11, 2025.
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