This is unsustainable and now President Biden wants to add another couple trillion dollars on a bloated infrastructure bill that he says we need to get the economy going again. Unemployment rates are falling as Americans are being vaccinated. Make more sense to see how the last 1.9 trillion worked at stimulating the American economy.
Thomas Sowell: There are no solutions, just trade-offs.
If both this 3 trillion stimulus bill and the Biden tax hike pass, it will send investors fleeing to China most likely making them the world’s reserve currency within a couple of years. If that happens, Venezuela will look good comparatively.