Agreed....all while increasing debt burden on future generations...and will
be out of office when the chickens come home to roost. Unfortunately, the vast majority of congress (according to my former econ professors who used to testify on the hill), the vast majority of people in the US, and even many (if not most) of the Illuminati on this board have a clue about econ 101. Furthermore, our political system incentives are tilted to short term two year election cycles rather than the long term good. So there is a built in incentive to blow up the deficit until it is unsustainable (or the debt market starts to react).
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In response to this post by HoosQ)
Posted: 03/06/2021 at 12:52PM