Republicans Resume Fear-Mongering About The Debt. Don’t Believe Them.
Relief spending on the coronavirus crisis pushed the country into uncharted territory, Enzi warned. By next year, we will surpass even the debt burdens imposed by World War II, he added. Inflation will rise like a beast from the depths to devour household savings. The economy will collapse, and future generations will be ravaged.
“Our grandkids will find all their money has been spent, and all they can do is pay more taxes,” Enzi argued.
Rep. Ken Buck (R-Colo.) reiterated the message on C-SPAN Wednesday, calling the public debt “the greatest threat …continued .
[Source: Huffington Post]