If you don’t want to start your day with beautiful beach views and economic forecasts, you may want to skip the video. Today we’ll be discussing recent changes to the US economy and what future impacts might look like.

Trump and Biden boosted the economy with massive stimulus packages post-COVID, but things are beginning to settle down. There’s some minor issues starting to pop up, like a rise in loan delinquencies and higher interest rates, but the US economy still looks strong overall.

The bigger concern revolves around government spending surpassing private sector growth for the first time ever. This indicates a potential shift toward government-driven economic growth, that could undermine long-term dynamism and efficiency in the US economy.

This isn’t something that will happen overnight, but if left unaddressed, the US could face significant economic challenges down the road.