We are borrowing $1T a year for whom? The discussion we need to have
as we go down that path is just whose taxes are we deferring?
Someone at the least will have to be taxed to pay the interest costs.
(Not accusing you at all of being in favor of our fiscal policy here).
I think an argument can be made that we are at this moment profoundly redistributing wealth via debt rather than taxes. The taxes WILL follow.
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In response to this post by BocaHoo91)
Posted: 01/29/2019 at 6:50PM