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Having the government debt finance a giveaway to people who do not need assistance if pretty much theft from everyone. As debt service surpasses 9% of the feder
by ch4s3 4y ago
Having the government debt finance a giveaway to people who do not need assistance if pretty much theft from everyone. As debt service surpasses 9% of the federal budget it will begin to crowd out other spending. Furthermore, piling onto inflationary policies definitely hurt people who don't make enough money to pay federal taxes.
- triceratops 4y agoSee my other comment: https://news.ycombinator.com/item?id=33438985 https://news.ycombinator.com/item?id=33438985 Where's all the hate for government assistance for the stock market? That's pretty much the definition of "people who do not need assistance".
- ch4s3 4y agoI agree. The government shouldn't be pumping stocks with negative interest rates.