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Massive Government Spending Will Exacerbate 2023 Economic Downturn: Analyst

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Massive Government Spending Will Exacerbate 2023 Economic Downturn: Analyst
The exterior of the U.S. Capitol building in a file photo. Sarah Silbiger/Getty Images
Michael Washburn
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News Analysis
As a raft of banks forecast economic pain in 2023, one economic historian warns that the U.S. government’s gargantuan spending programs will push the economy well past its breaking point.
Michael Washburn
Michael Washburn
Reporter
Michael Washburn is a New York-based reporter who covers U.S. and China-related topics for The Epoch Times. He has a background in legal and financial journalism, and also writes about arts and culture. Additionally, he is the host of the weekly podcast Reading the Globe. His books include “The Uprooted and Other Stories,” “When We're Grownups,” and “Stranger, Stranger.”
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