The debt jubilee is just getting started.
They are just trying to monetize their way out of a terrible economic situation. They are printing, printing and printing more out of thin air.
2021 Debt:$27.8 trillion federal, $3.9 trillion state/local debt ,$15.9 trillion household debt ,$15.9 trillion business debt.
Biden $1.9 trillion "stimulus"
https://www.cnbc.com/2021/02/05/bide...p-support.html
Biden Green New Deal
https://nypost.com/2021/01/27/biden-...onmental-plan/
-Nearly a decade of baby boomers left to retire and collect Social Security and Medicare. Many of those Social Security checks are going to be $3,790 a month plus any past wives/husbands can draw up to $1,895/month even if they were "stay at home" plus Medicare pays 95% of the costs for expensive biologic prescriptions that often are six-figures annually
-Many more of "millennials" starting families which will cause property taxes and state taxes to skyrocket
-$3,600 year giveaway to tens of millions of families with children
https://www.treasurydirect.gov/govt/...tothepenny.htm
https://www.wsj.com/articles/covid-1...gh-11610447402
https://www.federalreserve.gov/relea...12/html/d3.htm
https://money.usnews.com/money/retir...20each%20month.
https://www.medicalnewstoday.com/art...ophic-coverage