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The long-term cost of COVID-19 is hard to comprehend

David Moon  |  October 16, 2020

Op-ed by David Moon, includes “Decades after the masks are gone, in-person college classes are a quaint memory and ‘flatten the curve’ is a long-forgotten rallying cry, the U.S. will continue its fight against COVID-19. Well, we’ll still be paying for it, anyway. … The U.S. government borrowed almost half of the money it spent in the past year. And this occurred in a year in which tax collections were also at record highs. … Annual budget deficits add to the national debt, which as of Sept. 1 officially stood at more than $26.7 trillion. However, government accounting is tricky. …”

Read the full article on: Knoxville News-Sentinel (Tennessee)

 
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