Namely, the public debt and in this instance the day when your editor was compelled to warn the Gipper that the Federal debt was about to cross the dreaded one trillion dollar mark.
Massive public debt was viewed as an immoral imposition on future generations and an economic scourge on the present.
In dollar terms, it would add $20.3 trillion to the public debt over the next decade, taking the total debt to $50 trillion by 2032.
What in the world is wrong with these blithering knuckleheads? Last week's action brings already spent and promised Ukraine weapons and aid to $54 billion.
For crying out loud, Ukraine's GDP last year was just $155 billion.
In order to win a pointless battle over some no count real estate along the Dnieper River, Washington is prepared to declare war on Chinese, Indian, Greek, Brazilian etc.
Washington has become the world's capital of perpetual war because it was able - for a time - to perpetually issue debt and then monetize it at the central bank.
https://original.antiwar.com/David_Stockman/2022/05/26/perpetual-debt-perpetual-war/
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