Originally Posted by
Yppej
To me there is no comparison, yet we have now run up a larger deficit responding to it than any time since World War II. The US was in World War II four years, but in Covid five months now. I am very fearful for the future of the next generation - saddled with huge deficits, giant student loans, a growing number of elderly people to support per worker, and facing a disproportionate share of the covid layoffs, all to protect mainly people who are retired and could stay home if they wanted to, there being many volunteers willing to bring them supplies for the duration.QUOTE]
I suspect if you are basing your argument on Covid causing a huge national debt, it is probably misplaced. Our national debt is a product of long term excess spending and historically low taxes. Covid has just piled a couple more sticks on the camel's back.