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The giant federal deficit, approaching WWII levels

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A man waits at a bus stop that displays the national debt of the United States on June 19, 2020 in Washington, D.C.

A national debt counter from mid-June. The U.S. is approaching a position it has not seen since World War II, as the amount of government debt is on pace to exceed the size of the nation's economy. Olivier Douliery/AFP via Getty Images

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Segments From this episode

U.S. debt is hitting historic heights. How much of a problem is that?

by David Brancaccio , Candace Manriquez Wrenn , Erika Soderstrom and Alex Schroeder Sep 3, 2020
The last time the deficit was this high, as a percentage of the total economy, was 1946.

Why it's hard to compare the latest reading on people filing for unemployment

Any way you cut it, the economy is not recovering fast enough, says Diane Swonk, chief economist at Grant Thornton. She breaks down the numbers.

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Change Of Heart El Perro Del Mar

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