“Biden’s Treasury accused of trying to juice U.S. economy pre-election”
August 8, 2024
“The Treasury Department is being accused of trying to juice the economy ahead of the election, by changing how it finances government spending…
The accusation: Short-term debt is becoming a rising share of all outstanding debt, while the share of long-term debt, like 10-year or 30-year bonds, stays flat. In turn, critics say the lower supply is preventing long-term interest rates from going up. Those rates influence borrowing costs across the economy…”
https://www.axios.com/2024/08/05/biden-treasury-economy-spending-election
Everyone knows election years are good years for the economy. Lets not be naive here. Something that happens every 4 years is not a coincidence. This administration may be more obvious with it but that doesn’t change the fact this always happens.