While Trump was doing all that massive overspending, I pointed out many times that he was doing it to fraudulently boost the GDP.
He still couldn't get GDP to the 4 to 6 percent GDP growth that he promised.
Each president outspends the one before. Biden will take our debt to outer space.
I've said many, many times that I believe debt is the single greatest threat to our national security and the future of our economy. This cannot go on forever, and at some point it is all going to come crashing down. Much harder than the Great Depression.
Instead of banks being Too Big To Fail, they will be Too Big To Save.
I said the other day on this forum that Biden is pissing me off more than I have ever been pissed off.
As for taxing the rich more, that is done by raising the tax rate on the top brackets. The GOP will fight that tooth and nail.
Democrats: Tax and spend
Republicans: Borrow and spend