It's fairly typical during wartime for countries to adopt out of control fiscal policies. We're somewhat unusual in that we've dumped trillions into other spending (ie Medicare Part D), while simultaneously having to spend federal budget dollars to pay for redeemed bonds held by Social Security.
It's fairly typical during wartime for countries to adopt out of control fiscal policies. We're somewhat unusual in that we've dumped trillions into other spending (ie Medicare Part D), while simultaneously having to spend federal budget dollars to pay for redeemed bonds held by Social Security.