Submitted by Minezenroll t3_zx3t5j in news
Fraun_Pollen t1_j1ycfjp wrote
Hard the wrap my head around all of this effort to cut off and sanction Russia only amounting to a 2% deficit. Isn’t the US deficit much much higher?
Kadianye t1_j1ydg0m wrote
That's what they are admitting to even with all their attempts at control and locking down markets.
onegumas t1_j1yisag wrote
If you had surplus and went to 2% deficit...it is a lot then.
timothy_lucas_jaeger t1_j1ylgna wrote
I guess it depends what you mean by much much.
U.S. budget deficit is historically less than 5% of GDP, though there have been recent spikes to 9.8% in 2009 after the Great Recession and over 15% in 2020 in reaction to the pandemic. 2022 saw 5.4% and current estimate for 2023 is 4.5%.
Source: https://www.usgovernmentspending.com/federal_deficit_percent_gdp
wabashcanonball t1_j1yrots wrote
If you believe anything Russia ever says, you are part of the problem.
kozy8805 t1_j1zn1r1 wrote
If you believe anything any country says, I have some stock to sell you. And oh does it work. Every single time bar none. Oh and if you downvote, step up lol. Tell me who’s so trustworthy.
[deleted] t1_j1yczax wrote
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