This is a tough topic to pick one side black or white. Ben Bernanke wrote his doctoral thesis on the great depression, so he is literally one of the most well informed people out there on “the theory” of how to regenerate an economy. I certainly don’t think printing money is helping out one bit. A few years ago Brazil defaulted on their debt and it forced the country to completely revamp how it spent its money. They are now doing significantly better.
The spending of the U.S. is atrocious. But whenever someone proposes a cut to funding one side or the other freaks out about the necessity of that specific sector. My generation, or at least I, have come to the conclusion that social security will be nonexistent when I’m old and nearing retirement. When SS was initially created with the retiring age of 62, the average person lived to be somewhere around 65. We have vastly extended the average life expectancy but people still expect to be able to retire at the same age and reap the benefits until the die around 80.
Just one of many things to think about when considering the ridiculousness of our government. It’s run by entitled idiots, and there are so many of them that it makes it near impossible to get anything done. The joy of bureaucracy