706: Biden bipartisanship leads to the same Martian volcano of debt and of overspending @VerodeRugy @Mercatus
Image: Inflation. John Law, 18th century Scotsman, credited by some historians as being "the father of inflation." Law turned gambling IOUs into "gold counters," then state debts into paper money, and finally sold all France down the river on the "Mississippi Bubble" Biden bipartisanship leads to the same Martian volcano of debt and of overspending @VerodeRugy @Mercatus Veronique de Rugy, @veroderugy, Mercatus Center, in re: McConnell may now be willing to compromise with Pelosi in a way that he wasn’t with Trump. Spending: not chosen, in order to reduce debt—but don't hold your breath on this. Taxes: Biden spoke of raising taxes on the rich, and punishing taxes on Silicon Valley. Biden wants to raise taxes by $4 trillion, but had an $11 trillion spending plan. Biden’s chief of staff told Hillary not to [get rid of] PPP. Volcano-scale of debt. https://www.creators.com/read/veronique-de-rugy/11/20/bidens-search-for-bipartisanship-and-bloated-budgets