U.S. Debt Reaches a Record $36 Trillion: Implications for the Economy and Investors

... pandemic had a profound impact on the global economy, prompting the U.S. government to implement extensive support measures, including: Direct Payments: Stimulus checks helped stabilize consumer demand during economic shutdowns. Small Business Loans and Subsidies: Targeted support for small and medium-sized businesses helped prevent closures but expanded the deficit. Enhanced Unemployment Benefits: Increased payouts for unemployed citizens were essential for financial stability but further added to ...

Modified: 11/15/2024
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