If we had the current deficit in an 'average' economy, I would be ok with it. My understanding is the deficit covers infrastructure spending which is a good approach IMO
Some of it but some is also to expand some social programs. As I have said many times, borrowing is not something I am completely against, it is the mentality that feels there is no obligation to ever pay it back, we will just pass the burden on to future generations. Gen Xers and Millennials have been critical of Boomers for doing that but it seems they haven't learned a damn thing from it.
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