Retirees 'stunned' as market turmoil over tariffs shrinks their 401(k)s
www.nbcnews.com
Some are changing their spending habits while others are worried about their future quality of life.
  • adultswim_antifa [he/him]@hexbear.netEnglish
    18·
    1 month ago

    If the economy contracts, the tax revenue falls more than spending falls so debt goes up. Then the the unemployment benefits, food stamps, and stimulus checks go out and the debt goes up more.