. Impact of COVID and the Great Recession a. How did the recession of 2007-08 affect government spending? Explain briefl

[answerhappygod]

. Impact of COVID and the Great Recession
a. How did the recession of 2007-08 affect government spending?
Explain briefly.
b. How did Covid affect federal spending? Explain what years you
are looking at and answer in both
dollars and a growth rate in percent. Where did the money go when
Covid hit – i.e. what types of
spending grew the most?
c. According to the projections, when will federal spending get
back to the pre-Covid trends? Explain
briefly.
NOTE: When I ask about the trends, I mean that Federal spending was
growing by $100 - $200 billion per
year before Covid. Even if Covid had never happened, the government
would be larger now than it was
in 2019. How do the projections compare with the approximate trend
we would have been on before
Covid?