When America has all it's infrastructure updated the deficit...

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    When America has all it's infrastructure updated the deficit will reduce even more. America has the benefit of politcal parties/election economies which China doesn't.

    https://theconversation.com/the-scale-of-us-election-spending-explained-in-five-graphs-130651

    The amount of money spent on US elections eclipses the annual total economic output of some small countries. The total spending by candidates, political parties and independent campaign groups in the 2016 race was US$6.5 billion – comparable to the GDP that year of Monaco, Kosovo or Liechtenstein, and more than double that of Liberia.

    The 2020 election cycle is forecast to smash previous spending records, with the Center for Responsive Politics estimating it will cost US$11 billion. That would be comparable to the 2019 GDP of Equatorial Guinea or Chad


    https://hotcopper.com.au/data/attachments/6190/6190492-b40496d5106b04bc43e743c5bfb2e2bb.jpg


    8 Dec 2023 Assessment by GroupM expects spending totals for presidential election year to be up 30% on 2020 election cycle.

 
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