>We just spent TRILLIONS of dollars propping up businesses during COVID. No one asked "who will pay for it". We have the money and should think of it as an investment.
We did that on a one-off basis responding to an unprecedented-within-generations public health emergency. No-one is seriously talking about that as investment; most every source that I have read suggests that the spending was poorly and indiscriminately targeted because it was done in such a headlong rush.
Nor do we "have the money". Deficit spending tripled from 2019 to 2020 and was only down from that level by 12% into 2021. This is the definition of "not having the money".
We did that on a one-off basis responding to an unprecedented-within-generations public health emergency. No-one is seriously talking about that as investment; most every source that I have read suggests that the spending was poorly and indiscriminately targeted because it was done in such a headlong rush.
Nor do we "have the money". Deficit spending tripled from 2019 to 2020 and was only down from that level by 12% into 2021. This is the definition of "not having the money".