Weren't we promised spending cuts?
And it wasn't just President Trump. Joe Biden promised spending cuts several years ago. And yet the federal government just ran the third-largest budget deficit in history.
In this episode of the Midweek Memo podcast, host Mike Maharrey uses a biased report claiming the deficit was due to tax cuts as a springboard to tell the whole story. He breaks down the data and explains the ramifications, all while dissecting misleading mainstream analysis.
He also explains why never-ending deficits are extremely important to gold and silver investors.