The U.S. is limited by the productive capacity of the nation. The government can’t command output that doesn’t exist by printing money. It can, however, crowd

The U.S. is limited by the productive capacity of the nation. The government can’t command output that doesn’t exist by printing money. It can, however, crowd out private investment and redirect the country’s resources via fiscal policy. It’s been happening for many decades and there’s really no scientific or pragmatic reason to suggest it’s somehow a fundamentally different system than it was 30-40 years ago when people were, wrongly, predicting it’s imminent demise. If you think “it’s different this time” the burden is on you to prove why.