I'm not an economist but use simple math about the US. The national debt was 16 trillion a short while ago. Now they are putting trillions back into the economy. Seems to me the current method is to borrow what is needed rather then raise taxes. The politician who wants to raise money in the past had to face the voters. Borrowing side steps this democratic process.
via International Skeptics Forum https://ift.tt/3d7rwGQ
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