numbers is racist
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numbers is racist
UE rate - black/latino/white
http://blackandbrownnews.com/photos/..._-_no_line.jpg
Damn, Dogtor. You've been busy.
Can someone explain to me how the debt and deficit are different and then how they are so vastly different numbers?
Deficit is when you run a loss over the year. Debt is the amount borrowed to cover the accumulation of these deficits/surpluses over time. So, if the deficit was 1 Trillion this year and the debt was 14 Trill to start the year, the debt is now 15 trillion (assuming that you have to borrow to cover that loss).
Double Dipper