Some emergencies require an increase in government spending, but that comes with an understanding that the higher levels of spending are unusual and will not be sustained. Unfortunately, this understanding seems to be lost on the Biden administration. Exhibit A is his proposed $6 trillion budget for Fiscal Year 2022 and the accompanying huge budget deficits on the books for the next decade.
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Joe Biden may not be a radical socialist, but he is doing the best imitation of one this writer has lately seen.