Social security and Medicare are each individually trillion dollar social programs. We also just had $2.5 trillion in covid related expenditures to individuals and families and healthcare: https://www.nytimes.com/interactive/2022/03/11/us/how-covid-.... Also, as I said, Democrats have been advocating trillions more in social spending (universal healthcare, etc.)
I’m not knocking any of that. But American Democrats are probably the only center-left party in the developed world who advocates for expensive social programs while promising not to raise taxes on people making up to $400,000 a year. My point is that this is a unique outgrowth of the fed’s money printing machine.
I’m not knocking any of that. But American Democrats are probably the only center-left party in the developed world who advocates for expensive social programs while promising not to raise taxes on people making up to $400,000 a year. My point is that this is a unique outgrowth of the fed’s money printing machine.