> Biden’s having to borrow to give this away… <
That’s exactly right. Our grandchildren will be paying interest on this “gift” 50 years from now. Not that the media, or the GOPe, or the Democrats care about that.
The young people ought to be constantly reminded that they will be paying interest on this folly for the rest of their lives.
“Our grandchildren will be paying interest on this “gift” 50 years from now.”
Foreign nations might insist on bonds based on a percentage of federal, state and local governmental revenue.
A billion dollars might be repayable at say 1/8000th of such revenue (assuming an annual revenue total of $8 trillion) and bear an annual interest charge of say 1/400000th of such revenue (about a 2% real interest rate[8000 is 2% of 400000).