Description
Our Madam Speaker, 2 heart beats away from sitting in the Oval Office, offered the wisdom quoted below.
"So when we're having this discussion, it's important to dispel some of those who say, well it's the government spending – no, it isn't," she continued. "The government spending is doing the exact reverse, reducing the national debt. It is not inflationary."
Hmm. I will have to think more about this new information.
If true, they are actually conducting fiscal responsibility by transferring money from our children and grandchildren to current day spending.
I smell a Nobel Prize in economics here.
We can rip up that old economic orthodoxy.
Discussion
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