From here: Federal government current tax receipts (W006RC1Q027SBEA) | FRED | St. Louis Fed (stlouisfed.org) We have this chart. The Federal tax take before and after C19 is up 50%. I won’t detail spending, because it includes all the effects of the omnibus bills passed during C19 itself. Although 10-20% of trillions of spending is waste and corruption, it lergely gets spent back in the economy – less that siphoned off to South America and Nigerian princes of course.
Typo alert: “Prior yo Ibama’s first yerm in office”
Made me laugh 😂
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Me too, now! haha