You are wrong. It will not take that (to affect grand children) long to cause financial meltdown with excessive spending. Debt is not free. Interest must be paid on debt, currently running at $600 Billion for fiscal year 2023. In 2 years it will be significantly bigger than defense spending, and grow exponentially from there.
Ever hear the term magic of compounding interest?
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It wasn’t a good sign that the people that knew McCarthy had to have all those Votes and assurances - because they knew he couldn’t wait to put in Joe’s teeth with his tongue.
His people are already out there sliming Conservative members of the House, and charactering them as bit players they wrote off before the Negotiations.
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Once again, I was being rhetorical. I’ll keep my thoughts to myself now.
Interest on our obligations will defeat the US long before Red China can.