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Love the graph on spending/revenue in taxes! I taught investments and always included this as part of our macroeconomic analysis. Unfortunately I retired in Spring 2021 (and since investments was a fall course) my last data ended in 2019, which missed the COVID/interest rate spike. Great observation on the potential challenges of moving to more normal "2-3%" annual deficit. Also, planning to listen to one of the podcasts listed. Great edition!

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Thanks for sharing!

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