This was tthree years ago. Add in the Covid and Ukraine spending on top and it is hard to see how long the US can stay competitive and the dollar will remain the world’s reserve currency. particularly if we refuse to balance spending with raising taxes.
President Trump Called Former President Jimmy Carter To Talk About China
Trump called Carter on Saturday, the first time the two had spoken, Carter said. He said Trump told him that he is particularly concerned about how China is "getting ahead of us."
www.npr.org