Our debt is set to top 1005 of GDP for the first time in decades as prices remain sky high.
In addition to a world set aflame from the Middle East to Ukraine and beyond, Joe Biden and Kamala Harris have saddled their successors in office with a fiscal nightmare: Public debt is set to top 100% of US GDP this year, for the first time since just after World War II.
And what on earth do we have to show for Biden’s gargantuan spending sprees?
Nothing meaningful, other than elevated prices that continue to punish Americans (even as the White House and its allies in the press coo about softening inflation).
Oh, and he did hire tens of thousands of new IRS agents . . .
Rewind the tape to early 2021, when Joe and Kam came into office.
